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Earnings per Common Share (Tables) | 6 Months Ended
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Jun. 30, 2019
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings Per Common Share | The following table sets forth the computation of basic and diluted earnings per common share (in millions, except per share amounts):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Basic: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Income from continuing operations | $ | 111.0 |  |  | $ | 113.0 |  |  | $ | 236.7 |  |  | $ | 218.7 |
Less: Net income attributable to noncontrolling interests included in continuing operations | (19.7 | ) |  | (21.4 | ) |  | (42.6 | ) |  | (42.8 | )
Less: Income allocated to participating securities | (0.3 | ) |  | (0.3 | ) |  | (0.7 | ) |  | (0.6 | )
Income from continuing operations attributable to Encompass Health common shareholders | 91.0 |  |  | 91.3 |  |  | 193.4 |  |  | 175.3 |
(Loss) income from discontinued operations, net of tax, attributable to Encompass Health common shareholders | (0.1 | ) |  | 0.2 |  |  | (0.6 | ) |  | (0.3 | )
Net income attributable to Encompass Health common shareholders | $ | 90.9 |  |  | $ | 91.5 |  |  | $ | 192.8 |  |  | $ | 175.0 |
Denominator: |  |  |  |  |  |  |
Basic weighted average common shares outstanding | 98.0 |  |  | 97.9 |  |  | 98.2 |  |  | 97.9 |
Basic earnings per share attributable to Encompass Health common shareholders: |  |  |  |  |  |  |
Continuing operations | $ | 0.93 |  |  | $ | 0.93 |  |  | $ | 1.97 |  |  | $ | 1.79 |
Discontinued operations | — |  |  | — |  |  | (0.01 | ) |  | — |
Net income | $ | 0.93 |  |  | $ | 0.93 |  |  | $ | 1.96 |  |  | $ | 1.79 |
Diluted: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Income from continuing operations | $ | 111.0 |  |  | $ | 113.0 |  |  | $ | 236.7 |  |  | $ | 218.7 |
Less: Net income attributable to noncontrolling interests included in continuing operations | (19.7 | ) |  | (21.4 | ) |  | (42.6 | ) |  | (42.8 | )
Income from continuing operations attributable to Encompass Health common shareholders | 91.3 |  |  | 91.6 |  |  | 194.1 |  |  | 175.9 |
(Loss) income from discontinued operations, net of tax, attributable to Encompass Health common shareholders | (0.1 | ) |  | 0.2 |  |  | (0.6 | ) |  | (0.3 | )
Net income attributable to Encompass Health common shareholders | $ | 91.2 |  |  | $ | 91.8 |  |  | $ | 193.5 |  |  | $ | 175.6 |
Denominator: |  |  |  |  |  |  |
Diluted weighted average common shares outstanding | 99.3 |  |  | 99.6 |  |  | 99.5 |  |  | 99.6 |
Diluted earnings per share attributable to Encompass Health common shareholders: |  |  |  |  |  |  |
Continuing operations | $ | 0.92 |  |  | $ | 0.92 |  |  | $ | 1.95 |  |  | $ | 1.76 |
Discontinued operations | — |  |  | — |  |  | (0.01 | ) |  | — |
Net income | $ | 0.92 |  |  | $ | 0.92 |  |  | $ | 1.94 |  |  | $ | 1.76 |
Reconciliation of Weighted Average Number of Shares Outstanding | The following table sets forth the reconciliation between basic weighted average common shares outstanding and diluted weighted average common shares outstanding (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Basic weighted average common shares outstanding | 98.0 |  |  | 97.9 |  |  | 98.2 |  |  | 97.9 |
Restricted stock awards, dilutive stock options, and restricted stock units | 1.3 |  |  | 1.7 |  |  | 1.3 |  |  | 1.7 |
Diluted weighted average common shares outstanding | 99.3 |  |  | 99.6 |  |  | 99.5 |  |  | 99.6 |

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