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Unaudited Summarized Quarterly Financial Information
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Summarized Quarterly Financial Information 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 2020Second Quarter 2020Third Quarter 2020Fourth Quarter 2020
Net service revenue$512,871 $487,320 $530,684 $532,329 
Gross margin191,669 180,608 225,438 215,086 
Net income attributable to LHC Group, Inc.’s common stockholders22,024 44,692 14,500 30,380 
Net income attributable to LHC Group' Inc.'s common stockholders
  Basic earnings per share:$0.71 $1.44 $0.47 $0.98 
Diluted earnings per share:$0.70 $1.43 $0.46 $0.97 
Weighted average shares outstanding:
Basic31,020,224 31,104,377 31,120,648 31,128,485 
Diluted31,303,172 31,324,474 31,410,862 31,442,674 
 
First Quarter 2019Second Quarter 2019Third Quarter 2019Fourth Quarter 2019
Net service revenue$502,585 $517,842 $528,499 $531,315 
Gross margin181,593 191,982 193,731 188,048 
Net income attributable to LHC Group, Inc.’s common stockholders18,856 25,000 30,067 21,803 
Net income attributable to LHC Group' Inc.'s common stockholders
  Basic earnings per share:$0.61 $0.81 $0.97 $0.70 
Diluted earnings per share:$0.60 $0.80 $0.96 $0.70 
Weighted average shares outstanding:
Basic30,837,290 30,960,468 30,970,589 30,977,812 
Diluted31,187,098 31,200,930 31,247,196 31,270,149 
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.