XML 43 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Acquisitions (Tables)
9 Months Ended
Sep. 30, 2013
Business Combinations [Abstract]  
Schedule of Pro Forma Information Combines 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 2013 and 2012, including adjustments for pro forma amortization and interest expense, as if the transactions had occurred on January 1, 2012 and January 1, 2011, respectively (in thousands, except for per share data):

 

     Nine Months Ended
September 30,
 
     2013     2012  

Net patient service revenue

   $ 1,639,874      $ 1,600,939   

Net income (1)

   $ 207,443      $ 202,085   

Net income per share (2):

    

Basic

   $ 4.19      $ 4.16   

Diluted

   $ 4.11      $ 4.08   

Weighted average shares (2):

    

Basic

     49,511        48,569   

Diluted

     50,481        49,570   

Effective tax rate (1):

     38.0     38.8

 

(1)  The comparison of net income is affected by the change in the effective tax rate. The effective tax rate was 38.0% for the nine months ended September 30, 2013 as compared to 38.8% for the nine months ended September 30, 2012.
(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, 2013 were 49.5 million and 50.5 million, respectively, as compared to 48.6 million and 49.6 million, respectively, for the nine months ended September 30, 2012.