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Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of 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 September 30,Nine Months Ended September 30,
 2024202320242023
Basic:
Numerator:  
Income from continuing operations$147.8 $114.7 $435.6 $347.4 
Less: Net income attributable to noncontrolling interests included in continuing operations(38.9)(28.1)(97.6)(79.5)
Less: Income allocated to participating securities(0.7)(0.6)(2.0)(1.8)
Income from continuing operations attributable to Encompass Health common shareholders108.2 86.0 336.0 266.1 
Loss from discontinued operations attributable to Encompass Health common shareholders(0.7)(1.3)(3.2)(3.5)
Net income attributable to Encompass Health common shareholders$107.5 $84.7 $332.8 $262.6 
Denominator:
Basic weighted average common shares outstanding
99.9 99.5 99.9 99.5 
Basic earnings per share attributable to Encompass Health common shareholders:
Continuing operations
$1.09 $0.86 $3.36 $2.68 
Discontinued operations
(0.01)(0.01)(0.03)(0.04)
Net income
$1.08 $0.85 $3.33 $2.64 
Diluted:
Numerator:
Income from continuing operations$147.8 $114.7 $435.6 $347.4 
Less: Net income attributable to noncontrolling interests included in continuing operations(38.9)(28.1)(97.6)(79.5)
Income from continuing operations attributable to Encompass Health common shareholders108.9 86.6 338.0 267.9 
Loss from discontinued operations attributable to Encompass Health common shareholders(0.7)(1.3)(3.2)(3.5)
Net income attributable to Encompass Health common shareholders$108.2 $85.3 $334.8 $264.4 
Denominator:
Diluted weighted average common shares outstanding
102.1 101.4 102.2 101.1 
Diluted earnings per share attributable to Encompass Health common shareholders:
Continuing operations
$1.07 $0.85 $3.31 $2.65 
Discontinued operations
(0.01)(0.01)(0.03)(0.03)
Net income
$1.06 $0.84 $3.28 $2.62 
Schedule of 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 September 30,Nine Months Ended September 30,
2024202320242023
Basic weighted average common shares outstanding99.9 99.5 99.9 99.5 
Restricted stock awards, dilutive stock options, and restricted stock units
2.2 1.9 2.3 1.6 
Diluted weighted average common shares outstanding102.1 101.4 102.2 101.1