v2.4.1.9

Earnings Per Share | 12 Months Ended
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Dec. 31, 2014
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the calculation of basic and diluted net earnings per common share for the years ended December 31 ($ in millions, except per share data):
| 2014 |  | 2013 |  | 2012
Earnings attributable to Centene Corporation: |  |  |  |  |
Earnings from continuing operations, net of tax | $ | 268 |  |  | $ | 161 |  |  | $ | 89 |
Discontinued operations, net of tax | 3 |  |  | 4 |  |  | (87 | )
Net earnings | $ | 271 |  |  | $ | 165 |  |  | $ | 2 |
Shares used in computing per share amounts: |  |  |  |  |  |
Weighted average number of common shares outstanding | 116,345,764 |  |  | 108,253,090 |  |  | 103,018,732 |
Common stock equivalents (as determined by applying the treasury stock method) | 4,014,448 |  |  | 4,241,256 |  |  | 4,410,018 |
Weighted average number of common shares and potential dilutive common shares outstanding | 120,360,212 |  |  | 112,494,346 |  |  | 107,428,750 |
Net earnings per common share attributable to Centene Corporation: |  |  |  |  |
Basic: |  |  |  |  |
Continuing operations | $ | 2.30 |  |  | $ | 1.49 |  |  | $ | 0.86 |
Discontinued operations | 0.03 |  |  | 0.03 |  |  | (0.84 | )
Basic earnings per common share | $ | 2.33 |  |  | $ | 1.52 |  |  | $ | 0.02 |
Diluted: |  |  |  |  |
Continuing operations | $ | 2.23 |  |  | $ | 1.43 |  |  | $ | 0.83 |
Discontinued operations | 0.02 |  |  | 0.04 |  |  | (0.81 | )
Diluted earnings per common share | $ | 2.25 |  |  | $ | 1.47 |  |  | $ | 0.02 |
The calculation of diluted earnings per common share for 2014, 2013 and 2012 excludes the impact of 207,980 shares, 187,078 shares and 284,850 shares, respectively, related to anti-dilutive stock options, restricted stock and restricted stock units.

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