Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share for the years ended December 31, 2022, 2021 and 2020 (in thousands, except per share amounts):

	Year Ended December 31,
	2022		2021			2020
Numerator:
Income from continuing operations attributable to Acadia Healthcare Company, Inc.	$	273,139	$	203,276		$	140,258
Loss from discontinued operations		—		(12,641	)		(812,390	)
Net income (loss) attributable to Acadia Healthcare Company, Inc.	$	273,139	$	190,635		$	(672,132	)
Denominator:
Weighted average shares outstanding for basic earnings per share		89,680		88,769			87,875
Effects of dilutive instruments		1,875		2,024			720
Shares used in computing diluted earnings per common share		91,555		90,793			88,595

Basic earnings (loss) per share attributable to Acadia Healthcare Company, Inc. stockholders:
Income from continuing operations attributable to Acadia Healthcare Company, Inc.	$	3.05	$	2.29		$	1.60
Loss from discontinued operations		—		(0.14	)		(9.25	)
Net income (loss) attributable to Acadia Healthcare Company, Inc.	$	3.05	$	2.15		$	(7.65	)

Diluted earnings (loss) per share attributable to Acadia Healthcare Company, Inc. stockholders:
Income from continuing operations attributable to Acadia Healthcare Company, Inc.	$	2.98	$	2.24		$	1.58
Loss from discontinued operations		—		(0.14	)		(9.17	)
Net income (loss) attributable to Acadia Healthcare Company, Inc.	$	2.98	$	2.10		$	(7.59	)