Earnings Per Share

6 Months Ended

Jun. 30, 2024

11. EARNINGS PER SHARE

The following table sets forth the components of the denominator for the computation of basic and diluted earnings per share for net loss attributable to Community Health Systems, Inc. stockholders:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Weighted-average number of shares outstanding — basic		132,344,504		130,659,672		131,808,274		130,176,976
Effect of dilutive securities:
Restricted stock awards		—		—		—		—
Employee stock options		—		—		—		—
Other equity-based awards		—		—		—		—
Weighted-average number of shares outstanding — diluted		132,344,504		130,659,672		131,808,274		130,176,976

The Company generated a loss attributable to Community Health Systems, Inc. stockholders for each of the three- and six-month periods ended June 30, 2024 and 2023, so the effect of dilutive securities is not considered because their effect would be antidilutive. If the Company had generated income during the three months ended June 30, 2024 and 2023, the effect of restricted stock awards, employee stock options, and other equity-based awards on the diluted shares calculation would have been an increase of 864,816 shares and 202,182 shares, respectively. If the Company had generated income during the six months ended June 30, 2024 and 2023, the effect of restricted stock awards, employee stock options, and other equity-based awards on the diluted shares calculation would have been an increase of 654,307 shares and 335,188 shares, respectively.


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Dilutive securities outstanding not included in the computation of earnings per share because their effect is antidilutive:
Employee stock options and restricted stock awards		5,771,995		7,191,908		5,786,164		6,540,493