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Unaudited Summarized Quarterly Financial Information
12 Months Ended
Dec. 31, 2012
Unaudited Summarized Quarterly Financial Information [Abstract]  
Unaudited Summarized Quarterly Financial Information

15. Unaudited Summarized Quarterly Financial Information

The following table presents the Company’s unaudited quarterly results of operations (amounts in thousands, except share data):

 

                                 
    First Quarter 2012     Second Quarter 2012     Third Quarter 2012     Fourth Quarter 2012  

Net service revenue

  $ 158,761     $ 158,055     $ 158,926     $ 161,827  

Gross margin

    68,902       65,837       67,692       69,386  

Net income attributable to LHC Group, Inc.’s common stockholders

    7,741       5,963       6,336       7,400  

Basic earnings per share:

                               

Net income attributable to LHC Group, Inc.’s common stockholders

  $ 0.42     $ 0.32     $ 0.36     $ 0.43  

Diluted earnings per share:

                               

Net income attributable to LHC Group, Inc.’s common stockholders

  $ 0.42     $ 0.32     $ 0.36     $ 0.43  

Weighted average shares outstanding:

                               

Basic

    18,333,838       18,385,783       17,656,842       17,056,611  

Diluted

    18,399,608       18,423,258       17,726,819       17,155,909  

 

                                 
    First Quarter 2011     Second Quarter 2011     Third Quarter 2011     Fourth Quarter 2011  

Net service revenue

  $ 161,783     $ 161,015     $ 153,398     $ 157,676  

Gross margin

    72,827       74,799       65,583       68,317  

Net income (loss) attributable to LHC Group, Inc.’s common stockholders

    7,694       9,788       (37,960     7,234  

Basic earnings per share:

                               

Net income (loss) attributable to LHC Group, Inc.’s common stockholders

  $ 0.42     $ 0.54     $ (2.08   $ 0.40  

Diluted earnings per share:

                               

Net income (loss) attributable to LHC Group, Inc.’s common stockholders

  $ 0.42     $ 0.53     $ (2.08   $ 0.39  

Weighted average shares outstanding:

                               

Basic

    18,215,831       18,278,479       18,263,237       18,296,062  

Diluted

    18,351,637       18,346,441       18,263,237       18,353,505  

Because of the method used to calculate per share amounts, quarterly per share amounts may not necessarily total to the per share amounts for the entire year.