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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2024 and 2023 (in thousands, except per share amounts):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Acadia Healthcare Company, Inc.

 

$

78,482

 

 

$

72,299

 

 

$

154,865

 

 

$

138,314

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for basic earnings per share

 

 

91,628

 

 

 

91,044

 

 

 

91,495

 

 

 

90,691

 

Effects of dilutive instruments

 

 

415

 

 

 

502

 

 

 

556

 

 

 

949

 

Shares used in computing diluted earnings per common share

 

 

92,043

 

 

 

91,546

 

 

 

92,051

 

 

 

91,640

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to Acadia Healthcare
     Company, Inc. stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.86

 

 

$

0.79

 

 

$

1.69

 

 

$

1.53

 

Diluted

 

$

0.85

 

 

$

0.79

 

 

$

1.68

 

 

$

1.51