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Earnings Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share
18. Earnings Per Share


The computations of basic and diluted earnings per share for the years ended December 31, 2020, 2019 and 2018 are as follows (in thousands, except per share data):

   
Year Ended
  
 
December 31, 2020
    
December 31, 2019
    
December 31, 2018
  
Computation of earnings per share - USPH shareholders:
                  
Net income attributable to USPH shareholders
  
$
35,194
    
$
40,039
    
$
34,873
  
Credit (charges) to retained earnings:
                        
Revaluation of redeemable non-controlling interest
    
(4,632
)
    
(11,893
)
    
(24,770
)
Tax effect at statutory rate (federal and state) of 26.25%
    
1,216
      
3,121
      
6,502
  
   
$
31,778
    
$
31,267
    
$
16,605
  
                         
Earnings per share (basic and diluted)
  
$
2.48
    
$
2.45
    
$
1.31
  
                         
Shares used in computation:
                        
Basic and diluted earnings per share - weighted-average shares
    
12,835
      
12,756
      
12,666