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COMPUTATION OF NET INCOME PER COMMON SHARE
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
COMPUTATION OF NET INCOME PER COMMON SHARE COMPUTATION OF NET INCOME PER COMMON SHARE
Basic net income per share is computed by dividing income from operations attributable to stockholders of The Ensign Group, Inc. by the weighted average number of outstanding common shares for the period. The computation of diluted net income per share is similar to the computation of basic net income per share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued.
A reconciliation of the numerator and denominator used in the calculation of basic net income per common share follows:
Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
NUMERATOR:  
Net income$71,181 $64,090 $140,141 $124,059 
Less: net income attributable to noncontrolling interests
174 97 299 214 
Net income attributable to The Ensign Group, Inc. $71,007 $63,993 $139,842 $123,845 
DENOMINATOR: 
Weighted average shares outstanding for basic net income per share56,544 55,611 56,441 55,456 
Basic net income per common share:$1.26 $1.15 $2.48 $2.23 
A reconciliation of the numerator and denominator used in the calculation of diluted net income per common share follows:
Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
NUMERATOR:  
Net income $71,181 $64,090 $140,141 $124,059 
Less: net income attributable to noncontrolling interests
174 97 299 214 
Net income attributable to The Ensign Group, Inc. $71,007 $63,993 $139,842 $123,845 
DENOMINATOR:  
Weighted average common shares outstanding56,544 55,611 56,441 55,456 
Plus: incremental shares from assumed conversion (1)
1,469 1,649 1,528 1,734 
Adjusted weighted average common shares outstanding58,013 57,260 57,969 57,190 
Diluted net income per common share:$1.22 $1.12 $2.41 $2.17 
(1) Options outstanding which are anti-dilutive and therefore not factored into the weighted average common shares amount above were 1,368 and 1,252 for the three and six months ended June 30, 2024, respectively, and 1,419 and 1,317 for the three and six months ended June 30, 2023, respectively.