Unaudited Summarized Quarterly Financial Information

12 Months Ended

Dec. 31, 2017

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 2017		Second Quarter 2017		Third Quarter 2017		Fourth Quarter 2017
Net service revenue	$	246,618	$	260,210	$	272,872	$	292,386
Gross margin	92,248		99,052		100,016		104,960
Net income attributable to LHC Group, Inc.’s common stockholders	9,467		11,304		10,906		18,435
Net income attributable to LHC Group' Inc.'s common stockholders
Basic earnings per share:	$	0.54	$	0.64	$	0.61	$	1.04
Diluted earnings per share:	$	0.53	$	0.63	$	0.61	$	1.02
Weighted average shares outstanding:
Basic	17,643,463		17,728,567		17,740,818		17,749,872
Diluted	17,817,880		17,964,387		18,010,522		18,043,297

	First Quarter 2016		Second Quarter 2016		Third Quarter 2016		Fourth Quarter 2016
Net service revenue	$	222,552	$	226,031	$	230,797	$	235,443
Gross margin	86,951		88,903		89,965		91,354
Net income attributable to LHC Group, Inc.’s common stockholders	7,686		9,464		9,616		9,817
Net income attributable to LHC Group' Inc.'s common stockholders
Basic earnings per share:	$	0.44	$	0.54	$	0.55	$	0.56
Diluted earnings per share:	$	0.44	$	0.54	$	0.54	$	0.55
Weighted average shares outstanding:
Basic	17,485,766		17,566,097		17,588,163		17,597,190
Diluted	17,633,549		17,685,147		17,719,473		17,764,066

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.