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Quarterly Data (Unaudited) | 12 Months Ended
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Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Data (Unaudited) | Quarterly Data (Unaudited): The Spin Off of Enhabit was completed during 2022 and the historical results of Enhabit are now reported as discontinued operations. The quarterly results presented below have been reclassified to conform to this presentation. For additional information, see Note 2, Spin Off of Home Health and Hospice Business.
|  | 2022
|  | First |  | Second |  | Third |  | Fourth |  | Total
|  | (In Millions, Except Per Share Data)
Net operating revenues |  | $ | 1,059.3 |  |  | $ | 1,062.5 |  |  | $ | 1,089.5 |  |  | $ | 1,137.3 |  |  | $ | 4,348.6 |
Operating earnings (a) |  | 131.5 |  |  | 128.6 |  |  | 127.5 |  |  | 151.9 |  |  | 539.5 |
Provision for income tax expense |  | 23.6 |  |  | 22.8 |  |  | 21.8 |  |  | 31.9 |  |  | 100.1 |
Income from continuing operations |  | 86.4 |  |  | 59.8 |  |  | 85.5 |  |  | 119.0 |  |  | 350.7 |
Income (loss) from discontinued operations, net of tax |  | 23.7 |  |  | 11.5 |  |  | (18.5) |  |  | (1.5) |  |  | 15.2 |
Net income |  | 110.1 |  |  | 71.3 |  |  | 67.0 |  |  | 117.5 |  |  | 365.9 |
Less: Net income attributable to noncontrolling interests |  | (22.6) |  |  | (22.6) |  |  | (21.6) |  |  | (28.1) |  |  | (94.9) |
Net income attributable to Encompass Health |  | $ | 87.5 |  |  | $ | 48.7 |  |  | $ | 45.4 |  |  | $ | 89.4 |  |  | $ | 271.0 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |
Basic earnings per share attributable to Encompass Health common shareholders: (b) |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.65 |  |  | $ | 0.38 |  |  | $ | 0.64 |  |  | $ | 0.91 |  |  | $ | 2.58 |
Discontinued operations |  | 0.23 |  |  | 0.11 |  |  | (0.19) |  |  | (0.02) |  |  | 0.14 |
Net income |  | $ | 0.88 |  |  | $ | 0.49 |  |  | $ | 0.45 |  |  | $ | 0.89 |  |  | $ | 2.72 |
Diluted earnings per share attributable to Encompass Health common shareholders: (b) |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.64 |  |  | $ | 0.38 |  |  | $ | 0.63 |  |  | $ | 0.90 |  |  | $ | 2.56 |
Discontinued operations |  | 0.23 |  |  | 0.11 |  |  | (0.18) |  |  | (0.01) |  |  | 0.14 |
Net income |  | $ | 0.87 |  |  | $ | 0.49 |  |  | $ | 0.45 |  |  | $ | 0.89 |  |  | $ | 2.70 |
(a)We define operating earnings as income from continuing operations attributable to Encompass Health before (1) loss on early extinguishment of debt; (2) interest expense and amortization of debt discounts and fees; (3) other income; and (4) income tax expense. (b) Per share amounts may not sum due to the weighted average common shares outstanding during each quarter compared to the weighted average common shares outstanding during the entire year.
|  | 2021
|  | First |  | Second |  | Third |  | Fourth |  | Total
|  | (In Millions, Except Per Share Data)
Net operating revenues |  | $ | 959.9 |  |  | $ | 1,001.7 |  |  | $ | 1,010.8 |  |  | $ | 1,042.5 |  |  | $ | 4,014.9 |
Operating earnings (a) |  | 143.0 |  |  | 146.8 |  |  | 141.4 |  |  | 128.4 |  |  | 559.6 |
Provision for income tax expense |  | 25.0 |  |  | 28.2 |  |  | 26.2 |  |  | 22.5 |  |  | 101.9 |
Income from continuing operations |  | 101.8 |  |  | 107.0 |  |  | 102.1 |  |  | 92.2 |  |  | 403.1 |
Income from discontinued operations, net of tax |  | 31.0 |  |  | 35.0 |  |  | 24.6 |  |  | 23.5 |  |  | 114.1 |
Net income |  | 132.8 |  |  | 142.0 |  |  | 126.7 |  |  | 115.7 |  |  | 517.2 |
Less: Net income attributable to noncontrolling interests |  | (25.5) |  |  | (28.7) |  |  | (26.7) |  |  | (24.1) |  |  | (105.0) |
Net income attributable to Encompass Health |  | $ | 107.3 |  |  | $ | 113.3 |  |  | $ | 100.0 |  |  | $ | 91.6 |  |  | $ | 412.2 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |
Basic earnings per share attributable to Encompass Health common shareholders: (b) |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.77 |  |  | $ | 0.79 |  |  | $ | 0.76 |  |  | $ | 0.69 |  |  | $ | 3.02 |
Discontinued operations |  | 0.31 |  |  | 0.35 |  |  | 0.24 |  |  | 0.23 |  |  | 1.13 |
Net income |  | $ | 1.08 |  |  | $ | 1.14 |  |  | $ | 1.00 |  |  | $ | 0.92 |  |  | $ | 4.15 |
Diluted earnings per share attributable to Encompass Health common shareholders: (b) |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.76 |  |  | $ | 0.79 |  |  | $ | 0.76 |  |  | $ | 0.68 |  |  | $ | 2.99 |
Discontinued operations |  | 0.31 |  |  | 0.34 |  |  | 0.24 |  |  | 0.23 |  |  | 1.12 |
Net income |  | $ | 1.07 |  |  | $ | 1.13 |  |  | $ | 1.00 |  |  | $ | 0.91 |  |  | $ | 4.11 |
(a)We define operating earnings as income from continuing operations attributable to Encompass Health before (1) loss on early extinguishment of debt; (2) interest expense and amortization of debt discounts and fees; (3) other income; and (4) income tax expense. (b) Per share amounts may not sum due to the weighted average common shares outstanding during each quarter compared to the weighted average common shares outstanding during the entire year.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI https://asc.fasb.org/topic&trid=2126967 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=126900988&loc=SL124452896-108306 + Details
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