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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net operating revenues $ 1,296,210 $ 1,102,465 $ 2,549,174 $ 2,193,982
Costs and expenses:        
Cost of services 1,094,731 920,194 2,160,544 1,849,332
General and administrative 29,194 28,275 60,976 56,350
Depreciation and amortization 51,724 38,333 98,495 80,872
Total costs and expenses 1,175,649 986,802 2,320,015 1,986,554
Income (loss) from operations 120,561 115,663 229,159 207,428
Other income and expense:        
Loss on early retirement of debt     (10,255) (19,719)
Equity in earnings of unconsolidated subsidiaries 4,785 5,666 9,482 11,187
Non-operating gain 6,478 0 6,877 (49)
Interest expense (50,159) (37,655) (97,322) (78,508)
Income before income taxes 81,665 83,674 137,941 120,339
Income tax expense 21,106 32,374 33,400 45,576
Net income 60,559 51,300 104,541 74,763
Less: Net income attributable to non-controlling interests 14,048 9,245 24,291 16,838
Net income attributable to Select Medical Holdings Corporation and Select Medical Corporation $ 46,511 $ 42,055 $ 80,250 $ 57,925
Income per common share:        
Basic (in dollars per share) $ 0.35 $ 0.32 $ 0.60 $ 0.44
Diluted (in dollars per share) $ 0.35 $ 0.32 $ 0.60 $ 0.44
Weighted average shares outstanding:        
Basic (in shares) 129,830 128,624 129,761 128,544
Diluted (in shares) 129,924 128,777 129,871 128,703
Select Medical Corporation        
Net operating revenues $ 1,296,210 $ 1,102,465 $ 2,549,174 $ 2,193,982
Costs and expenses:        
Cost of services 1,094,731 920,194 2,160,544 1,849,332
General and administrative 29,194 28,275 60,976 56,350
Depreciation and amortization 51,724 38,333 98,495 80,872
Total costs and expenses 1,175,649 986,802 2,320,015 1,986,554
Income (loss) from operations 120,561 115,663 229,159 207,428
Other income and expense:        
Loss on early retirement of debt     (10,255) (19,719)
Equity in earnings of unconsolidated subsidiaries 4,785 5,666 9,482 11,187
Non-operating gain 6,478 0 6,877 (49)
Interest expense (50,159) (37,655) (97,322) (78,508)
Income before income taxes 81,665 83,674 137,941 120,339
Income tax expense 21,106 32,374 33,400 45,576
Net income 60,559 51,300 104,541 74,763
Less: Net income attributable to non-controlling interests 14,048 9,245 24,291 16,838
Net income attributable to Select Medical Holdings Corporation and Select Medical Corporation $ 46,511 $ 42,055 $ 80,250 $ 57,925