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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net operating revenues $ 758,069 $ 2,703,531 $ 2,293,409
Costs and expenses:      
Cost of services 644,392 2,309,213 1,926,037
General and administrative 19,719 67,917 57,219
Bad debt expense 10,357 43,243 32,490
Depreciation and amortization 17,584 70,668 51,009
Total costs and expenses 692,052 2,491,041 2,066,755
Income from operations 66,017 212,490 226,654
Other income and expense:      
Loss on early retirement of debt     (2,277)
Equity in earnings of unconsolidated subsidiaries 1,988 12,788 4,135
Gain on sale of equity investment   29,647  
Interest expense (21,753) (79,728) (64,032)
Income before income taxes 46,252 175,197 164,480
Income tax expense 17,956 65,048 63,823
Net income 28,296 110,149 100,657
Less: Net income attributable to non-controlling interests 1,766 8,740 5,742
Net income attributable to Select Medical Holdings Corporation and Select Medical Corporation $ 26,530 $ 101,409 $ 94,915
Income per common share:      
Basic (in dollars per share) $ 0.20 $ 0.77 $ 0.71
Diluted (in dollars per share) 0.20 0.77 0.71
Dividends paid per share $ 0.10 $ 0.10 $ 0.30
Weighted average shares outstanding:      
Basic (in dollars per share) 126,639 127,541 129,706
Diluted (in dollars per share) 127,029 127,844 130,177
Select      
Net operating revenues $ 758,069 $ 2,703,531 $ 2,293,409
Costs and expenses:      
Cost of services 644,392 2,309,213 1,926,037
General and administrative 19,719 67,917 57,219
Bad debt expense 10,357 43,243 32,490
Depreciation and amortization 17,584 70,668 51,009
Total costs and expenses 692,052 2,491,041 2,066,755
Income from operations 66,017 212,490 226,654
Other income and expense:      
Loss on early retirement of debt     (2,277)
Equity in earnings of unconsolidated subsidiaries 1,988 12,788 4,135
Gain on sale of equity investment   29,647  
Interest expense (21,753) (79,728) (64,032)
Income before income taxes 46,252 175,197 164,480
Income tax expense 17,956 65,048 63,823
Net income 28,296 110,149 100,657
Less: Net income attributable to non-controlling interests 1,766 8,740 5,742
Net income attributable to Select Medical Holdings Corporation and Select Medical Corporation $ 26,530 $ 101,409 $ 94,915