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EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2022
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
    
Six Months Ended
  
   
June 30, 2022
    
June 30, 2021
    
June 30, 2022
    
June 30, 2021
  
Computation of earnings per share - USPH shareholders:
                        
Net income attributable to USPH shareholders
  
$
11,195
    
$
12,436
    
$
19,994
    
$
20,609
  
(Charges) credit to retained earnings:
                                
Revaluation of redeemable non-controlling interest
    
210
      
(2,549
)
    
57
      
(9,819
)
Tax effect at statutory rate (federal and state) of 25.55%
    
(54
)
    
651
      
(15
)
    
2,508
  
   
$
11,351
    
$
10,538
    
$
20,036
    
$
13,298
  
                                 
Earnings per share (basic and diluted)
  
$
0.87
    
$
0.82
    
$
1.55
    
$
1.03
  
                                 
Shares used in computation:
                                
Basic and diluted earnings per share - weighted-average shares
    
12,998
      
12,902
      
12,968
      
12,886