Unaudited Summarized Quarterly Financial Information

12 Months Ended

Dec. 31, 2015

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 2015		Second Quarter 2015		Third Quarter 2015		Fourth Quarter 2015
Net service revenue	$	193,079	$	200,172	$	204,122	$	218,993
Gross margin	78,653		83,533		83,249		90,053
Net income attributable to LHC Group, Inc.’s common stockholders	6,805		8,950		8,845		7,735
Basic earnings per share:
Net income attributable to LHC Group, Inc.’s common stockholders	$	0.39	$	0.51	$	0.51	$	0.44
Diluted earnings per share:
Net income attributable to LHC Group, Inc.’s common stockholders	$	0.39	$	0.51	$	0.50	$	0.44
Weighted average shares outstanding:
Basic	17,322,791		17,410,971		17,436,731		17,447,691
Diluted	17,489,483		17,529,100		17,610,953		17,647,483

	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

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.