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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2021
EARNINGS PER SHARE [Abstract]  
Computations of Basic and Diluted Earnings Per Share
In accordance with current accounting guidance, the revaluation of redeemable non-controlling interest (see Note 5 – Redeemable Non-Controlling Interest), net of tax, charged directly to retained earnings is included in the earnings per basic and diluted share calculation.  The following table provides a detail of the basic and diluted earnings per share computation (in thousands, except per share data).

  
Three Months Ended
  
   
March 31, 2021
    
March 31, 2020
  
Computation of earnings per share - USPH shareholders:
            
Net income attributable to USPH shareholders
  
$
8,173
    
$
1,016
  
Credit (charges) to retained earnings:
                
Revaluation of redeemable non-controlling interest
    
(7,270
)
    
2,129
  
Tax effect at statutory rate (federal and state) of 25.55% and 26.25%, respectively
    
1,857
      
(559
)
   
$
2,760
    
$
2,586
  
                 
Earnings per share (basic and diluted)
  
$
0.21
    
$
0.20
  
                 
Shares used in computation:
                
Basic and diluted earnings per share - weighted-average shares
    
12,870
      
12,796