| Calculation Of Basic And Diluted Net Earnings Per Common Share |
The following table sets forth the calculation of basic and diluted net earnings per common share:
| | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2014 | | 2013 | | 2014 | | 2013 | Earnings attributable to Centene Corporation: | | | | | | | | Earnings from continuing operations, net of tax | $ | 81,099 |
| | $ | 50,325 |
| | $ | 162,098 |
| | $ | 113,253 |
| Discontinued operations, net of tax | 1,521 |
| | (952 | ) | | 2,368 |
| | (1,394 | ) | Net earnings | $ | 82,620 |
| | $ | 49,373 |
| | $ | 164,466 |
| | $ | 111,859 |
| | | | | | | | | Shares used in computing per share amounts: | |
| | | | | | | Weighted average number of common shares outstanding | 58,613,484 |
| | 54,679,660 |
| | 57,956,152 |
| | 53,863,779 |
| Common stock equivalents (as determined by applying the treasury stock method) | 2,068,391 |
| | 2,253,396 |
| | 1,980,547 |
| | 2,092,642 |
| Weighted average number of common shares and potential dilutive common shares outstanding | 60,681,875 |
| | 56,933,056 |
| | 59,936,699 |
| | 55,956,421 |
| | | | | | | | | Net earnings (loss) per common share attributable to Centene Corporation: | | | | | | | | Basic: | | | | | | | | Continuing operations | $ | 1.38 |
| | $ | 0.92 |
| | $ | 2.80 |
| | $ | 2.10 |
| Discontinued operations | 0.03 |
| | (0.02 | ) | | 0.04 |
| | (0.02 | ) | Basic earnings per common share | $ | 1.41 |
| | $ | 0.90 |
| | $ | 2.84 |
| | $ | 2.08 |
| | | | | | | | | Diluted: | | | | | | | | Continuing operations | $ | 1.34 |
| | $ | 0.88 |
| | $ | 2.70 |
| | $ | 2.02 |
| Discontinued operations | 0.02 |
| | (0.01 | ) | | 0.04 |
| | (0.02 | ) | Diluted earnings per common share | $ | 1.36 |
| | $ | 0.87 |
| | $ | 2.74 |
| | $ | 2.00 |
|
|