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Earnings per Common Share (Tables)
6 Months Ended
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