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Unaudited Summarized Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Results of Operations
The following table represents the Company’s unaudited quarterly results of operations (amounts in thousands, except share data):
 
 
 
First Quarter 2018
 
Second Quarter 2018
 
Third Quarter 2018
 
Fourth Quarter 2018
Net service revenue
 
$
291,054

 
$
502,024

 
$
507,043

 
$
509,842

Gross margin
 
102,436

 
181,020

 
184,847

 
185,303

Net income attributable to LHC Group, Inc.’s common stockholders
 
4,995

 
16,797

 
21,230

 
20,552

Net income attributable to LHC Group' Inc.'s common stockholders
 
 
 
 
 
 
 
 
  Basic earnings per share:
 
$
0.28

 
$
0.55

 
$
0.69

 
$
0.67

Diluted earnings per share:
 
$
0.28

 
$
0.55

 
$
0.68

 
$
0.66

Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
17,789,863

 
30,497,501

 
30,750,227

 
30,777,556

Diluted
 
18,039,345

 
30,742,293

 
31,083,815

 
31,142,061

 
 
 
First Quarter 2017
 
Second Quarter 2017
 
Third Quarter 2017
 
Fourth Quarter 2017
Net service revenue
 
$
244,249

 
$
257,535

 
$
269,678

 
$
291,140

Gross margin
 
89,879

 
96,377

 
96,822

 
103,714

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