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Quarterly Results | 12 Months Ended
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Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Results | 12) QUARTERLY RESULTS (unaudited) The following tables summarize the quarterly financial data for the two years ended December 31, 2017 and 2016:
2017 |  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |  |  | Total |
|  | (amounts in thousands, except per share amounts) |
Net revenues |  | $ | 2,612,858 |  |  | $ | 2,612,356 |  |  | $ | 2,541,864 |  |  | $ | 2,642,787 |  |  | $ | 10,409,865 |
Net income |  | $ | 210,527 |  |  | $ | 190,388 |  |  | $ | 145,362 |  |  | $ | 225,035 |  |  | $ | 771,312 |
Less: Net income attributable to noncontrolling interests |  | $ | 4,472 |  |  | $ | 4,994 |  |  | $ | 4,117 |  |  | $ | 5,426 |  |  | $ | 19,009 |
Net income attributable to UHS |  | $ | 206,055 |  |  | $ | 185,394 |  |  | $ | 141,245 |  |  | $ | 219,609 |  |  | $ | 752,303 |
Earnings per share attributable to UHS-Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total basic earnings per share |  | $ | 2.13 |  |  | $ | 1.93 |  |  | $ | 1.48 |  |  | $ | 2.32 |  |  | $ | 7.86 |
Earnings per share attributable to UHS-Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total diluted earnings per share |  | $ | 2.12 |  |  | $ | 1.91 |  |  | $ | 1.47 |  |  | $ | 2.31 |  |  | $ | 7.81 |
The 2017 quarterly financial data presented above includes the following: First Quarter:
| • | an unfavorable $8.1 million pre-tax impact ($5.1 million, or $.05 per diluted share, net of taxes) recorded in connection with the implementation of EHR applications;
| • | a favorable after-tax impact of $6.8 million, or $.07 per diluted share, resulting from our January 1, 2017 adoption of ASU 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”).
Second Quarter:
| • | an unfavorable $6.4 million pre-tax impact ($4.0 million, or $.04 per diluted share, net of taxes) recorded in connection with the implementation of EHR applications;
| • | a favorable after-tax impact of $1.4 million, or $.01 per diluted share, resulting from our January 1, 2017 adoption of ASU 2016-09.
Third Quarter:
| • | an unfavorable $4.2 million pre-tax impact ($2.6 million, or $.03 per diluted share, net of taxes) recorded in connection with the implementation of EHR application;
| • | a favorable after-tax impact of $487,000, or $.01 per diluted share, resulting from our January 1, 2017 adoption of ASU 2016-09.
Fourth Quarter:
| • | an unfavorable $3.6 million pre-tax impact ($2.3 million, or $.03 per diluted share, net of taxes) recorded in connection with the implementation of EHR applications;
| • | a favorable after-tax impact of $13.5 million, or $.14 per diluted share, resulting from our January 1, 2017 adoption of ASU 2016-09;
| • | a favorable after-tax impact of $30.0 million, or $.32 per diluted share, resulting from a reduction in our net deferred income tax liability resulting from lower federal income tax rates beginning January 1, 2018 pursuant to the Tax Cuts and Jobs Act of 2017;
| • | an unfavorable after-tax impact of $11.3 million, or $.12 per diluted share, resulting from the one-time repatriation tax incurred pursuant to the Tax Cuts and Jobs Act of 2017 (in connection with our behavioral health care facilities located in the U.K. and Puerto Rico).
2016 |  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |  |  | Total |
|  | (amounts in thousands, except per share amounts) |
Net revenues |  | $ | 2,449,798 |  |  | $ | 2,430,855 |  |  | $ | 2,409,872 |  |  | $ | 2,475,685 |  |  | $ | 9,766,210 |
Net income |  | $ | 215,719 |  |  | $ | 195,449 |  |  | $ | 157,265 |  |  | $ | 178,738 |  |  | $ | 747,171 |
Less: Net income attributable to noncontrolling interests |  | $ | 24,960 |  |  | $ | 9,872 |  |  | $ | 5,400 |  |  | $ | 4,530 |  |  | $ | 44,762 |
Net income attributable to UHS |  | $ | 190,759 |  |  | $ | 185,577 |  |  | $ | 151,865 |  |  | $ | 174,208 |  |  | $ | 702,409 |
Earnings per share attributable to UHS-Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total basic earnings per share |  | $ | 1.95 |  |  | $ | 1.91 |  |  | $ | 1.56 |  |  | $ | 1.80 |  |  | $ | 7.22 |
Earnings per share attributable to UHS-Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total diluted earnings per share |  | $ | 1.93 |  |  | $ | 1.89 |  |  | $ | 1.54 |  |  | $ | 1.78 |  |  | $ | 7.14 |
The 2016 quarterly financial data presented above includes the following: First Quarter:
| • | an unfavorable $8.3 million pre-tax impact ($5.2 million, or $.05 per diluted share, net of taxes) recorded in connection with the implementation of EHR applications;
Second Quarter:
| • | an unfavorable $8.7 million pre-tax impact ($5.5 million, or $.05 per diluted share, net of taxes) recorded in connection with the implementation of EHR applications.
Third Quarter:
| • | an unfavorable $8.5 million pre-tax impact ($5.3 million, or $.06 per diluted share, net of taxes) recorded in connection with the implementation of EHR applications.
Fourth Quarter:
| • | an unfavorable $2.8 million pre-tax impact ($1.8 million, or $.02 per diluted share, net of taxes) recorded in connection with the implementation of EHR applications.

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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