The computations of basic and diluted earnings per share for the years ended December 31, 2021, 2020 and 2019 are as follows (in
thousands, except per share data):
|
|
Year Ended
|
|
| |
December 31, 2021
|
|
|
December 31, 2020
|
|
|
December 31, 2019
|
|
Computation of earnings per share - USPH shareholders:
|
|
|
|
|
|
|
|
|
|
Net income attributable to USPH shareholders
|
|
$
|
40,831
|
|
|
$
|
35,194
|
|
|
$
|
40,039
|
|
(Charges) credit to retained earnings:
|
|
|
|
|
|
|
|
|
|
|
|
|
Revaluation of redeemable non-controlling interest
|
|
|
(13,011
|
)
|
|
|
(4,632
|
)
|
|
|
(11,893
|
)
|
Tax effect at statutory rate (federal and state) of 25.55% and 26.25%, respectively
|
|
|
3,324
|
|
|
|
1,216
|
|
|
|
3,121
|
|
|
|
$
|
31,144
|
|
|
$
|
31,778
|
|
|
$
|
31,267
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per share (basic and diluted)
|
|
$
|
2.41
|
|
|
$
|
2.48
|
|
|
$
|
2.45
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares used in computation:
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted earnings per share - weighted-average shares
|
|
|
12,898
|
|
|
|
12,835
|
|
|
|
12,756
|
|
|