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Earnings Per Share Data ("EPS") and Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data):

 

 

Three months ended
September 30,

 

 

Nine months ended
September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to UHS

 

$

166,989

 

 

$

182,814

 

 

$

501,417

 

 

$

500,789

 

Less: Net income attributable to unvested restricted share
   grants

 

 

(52

)

 

 

(179

)

 

 

(242

)

 

 

(592

)

Net income attributable to UHS – basic and diluted

 

$

166,937

 

 

$

182,635

 

 

$

501,175

 

 

$

500,197

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares - basic

 

 

68,867

 

 

 

72,595

 

 

 

69,825

 

 

 

73,769

 

Net effect of dilutive stock options and grants based on the
   treasury stock method

 

 

757

 

 

 

465

 

 

 

825

 

 

 

743

 

Weighted average number of common shares and
   equivalents - diluted

 

 

69,624

 

 

 

73,060

 

 

 

70,650

 

 

 

74,512

 

Earnings per basic share attributable to UHS:

 

$

2.42

 

 

$

2.52

 

 

$

7.18

 

 

$

6.78

 

Earnings per diluted share attributable to UHS:

 

$

2.40

 

 

$

2.50

 

 

$

7.09

 

 

$

6.71