XML 28 R17.htm IDEA: XBRL DOCUMENT v3.23.1
Earnings per Common Share
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings per Common Share 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 March 31,
 20232022
Basic:
Numerator:  
Income from continuing operations$114.3 $86.4 
Less: Net income attributable to noncontrolling interests included in continuing operations
(25.6)(22.0)
Less: Income from continuing operations allocated to participating securities(0.6)(0.2)
Income from continuing operations attributable to Encompass Health common shareholders88.1 64.2 
(Loss) income from discontinued operations, net of tax(1.0)23.7 
Less: Net income attributable to noncontrolling interests included in discontinued operations— (0.6)
Less: Income from discontinued operations allocated to participating securities
— (0.1)
(Loss) income from discontinued operations attributable to Encompass Health common shareholders(1.0)23.0 
Net income attributable to Encompass Health common shareholders$87.1 $87.2 
Denominator:
Basic weighted average common shares outstanding
99.4 99.2 
Basic earnings per share attributable to Encompass Health common shareholders:
Continuing operations
$0.89 $0.65 
Discontinued operations
(0.01)0.23 
Net income
$0.88 $0.88 
Diluted:
Numerator:
Income from continuing operations$114.3 $86.4 
Less: Net income attributable to noncontrolling interests included in continuing operations
(25.6)(22.0)
Income from continuing operations attributable to Encompass Health common shareholders
88.7 64.4 
(Loss) income from discontinued operations, net of tax(1.0)23.7 
Less: Net income attributable to noncontrolling interests included in discontinued operations— (0.6)
(Loss) income from discontinued operations attributable to Encompass Health common shareholders(1.0)23.1 
Net income attributable to Encompass Health common shareholders$87.7 $87.5 
Denominator:
Diluted weighted average common shares outstanding
100.9 100.2 
Diluted earnings per share attributable to Encompass Health common shareholders:
Continuing operations
$0.88 $0.64 
Discontinued operations
(0.01)0.23 
Net income
$0.87 $0.87 
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 March 31,
20232022
Basic weighted average common shares outstanding99.4 99.2 
Restricted stock awards, dilutive stock options, and restricted stock units
1.5 1.0 
Diluted weighted average common shares outstanding100.9 100.2 
See Note 17, Earnings per Common Share, to the consolidated financial statements accompanying the 2022 Form 10‑K for additional information related to our common stock.