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Earnings per share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings per share

2.

Earnings per share

Basic net income per share is calculated by dividing net income attributable to the Company, adjusted for any change in noncontrolling interests redemption rights in excess of fair value, by the weighted average number of common shares and vested stock units outstanding, net of shares held in escrow that under certain circumstances may be returned to the Company.

Diluted net income per share includes the dilutive effect of outstanding stock-settled stock appreciation rights and unvested stock units (under the treasury stock method) as well as contingently returnable shares held in escrow.

The reconciliations of the numerators and denominators used to calculate basic and diluted earnings per share are as follows:

 

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to DaVita HealthCare Partners Inc.

 

$

53,382

 

 

$

170,477

 

 

$

150,816

 

 

$

59,860

 

Weighted average shares outstanding during the period

 

 

206,692

 

 

 

215,186

 

 

 

206,626

 

 

 

215,382

 

Contingently returnable shares held in escrow for the DaVita

   HealthCare Partners merger

 

 

(2,194

)

 

 

(2,194

)

 

 

(2,194

)

 

 

(2,194

)

Weighted average shares for basic earnings per share

   calculation

 

 

204,498

 

 

 

212,992

 

 

 

204,432

 

 

 

213,188

 

Basic net income per share attributable to DaVita

   HealthCare Partners Inc.

 

$

0.26

 

 

$

0.80

 

 

$

0.74

 

 

$

0.28

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to DaVita HealthCare Partners Inc.

 

$

53,382

 

 

$

170,477

 

 

$

150,816

 

 

$

59,860

 

Weighted average shares outstanding during the period

 

 

206,692

 

 

 

215,186

 

 

 

206,626

 

 

 

215,382

 

Assumed incremental shares from stock plans

 

 

1,355

 

 

 

2,420

 

 

 

1,362

 

 

 

2,409

 

Weighted average shares for diluted earnings per share

   calculation

 

 

208,047

 

 

 

217,606

 

 

 

207,988

 

 

 

217,791

 

Diluted net income per share attributable to DaVita

   HealthCare Partners Inc.

 

$

0.26

 

 

$

0.78

 

 

$

0.73

 

 

$

0.27

 

Anti-dilutive potential common shares excluded from

   calculation

 

 

1,811

 

 

 

691

 

 

 

2,042

 

 

 

1,046