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Business Acquisitions (Tables)
9 Months Ended
Sep. 30, 2012
Schedule of Pro Forma Information that Combines the Consolidated Results of Company and Business Acquisitions

The following unaudited pro forma information combines the consolidated results of operations of the Company on a GAAP basis and the acquisitions completed during 2012 and 2011 as if the transactions had occurred on January 1, 2011 and January 1, 2010, respectively (in thousands, except for per share data):

 

     Nine Months  Ended
September 30,
 
     2012     2011  

Net patient service revenue

   $ 1,413,535      $ 1,368,210   

Net income (1)

   $ 184,384      $ 181,623   

Net income per share (2):

    

Basic

   $ 3.80      $ 3.82   

Diluted

   $ 3.72      $ 3.73   

Weighted average shares (2):

    

Basic

     48,569        47,564   

Diluted

     49,570        48,683   

Effective tax rate (1):

     38.8     39.0

 

(1)

The comparison of net income is affected by the change in the effective tax rate. The effective tax rate was 38.8% for the nine months ended September 30, 2012 as compared to 39.0% for the nine months ended September 30, 2011.

(2)

The comparison of net income per share is affected by the changes in the number of weighted average shares outstanding in each period. The basic and diluted weighted average shares outstanding for the nine months ended September 30, 2012 were 48.6 million and 49.6 million, respectively, as compared to 47.6 million and 48.7 million, respectively, for the nine months ended September 30, 2011.