Unaudited Summarized Quarterly Financial Information

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Unaudited Summarized Quarterly Financial Information

15. Unaudited Summarized Quarterly Financial Information

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

	First Quarter 2014		Second Quarter 2014		Third Quarter 2014		Fourth Quarter 2014
Net service revenue	$	163,681	$	188,867	$	187,713	$	193,371
Gross margin	66,347		77,340		74,591		80,579
Net income attributable to LHC Group, Inc.’s common stockholders	4,068		6,061		6,174		5,534
Basic earnings per share:
Net income attributable to LHC Group, Inc.’s common stockholders	$	0.24	$	0.35	$	0.36	$	0.32
Diluted earnings per share:
Net income attributable to LHC Group, Inc.’s common stockholders	$	0.24	$	0.35	$	0.36	$	0.32
Weighted average shares outstanding:
Basic	17,148,043		17,233,264		17,260,078		17,274,677
Diluted	17,268,716		17,277,224		17,356,916		17,419,423

	First Quarter 2013		Second Quarter 2013		Third Quarter 2013		Fourth Quarter 2013
Net service revenue	$	161,953	$	166,302	$	164,748	$	165,280
Gross margin	68,705		69,293		66,782		70,039
Net income attributable to LHC Group, Inc.’s common stockholders	6,286		5,790		5,297		4,969
Basic earnings per share:
Net income attributable to LHC Group, Inc.’s common stockholders	$	0.37	$	0.34	$	0.31	$	0.29
Diluted earnings per share:
Net income attributable to LHC Group, Inc.’s common stockholders	$	0.37	$	0.34	$	0.31	$	0.29
Weighted average shares outstanding:
Basic	16,966,525		17,055,619		17,083,201		17,096,360
Diluted	17,073,543		17,127,017		17,182,013		17,228,499

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.