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Earnings Per Share Data and Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
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,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to UHS

 

$

258,714

 

 

$

166,989

 

 

$

809,700

 

 

$

501,417

 

Less: Net income attributable to unvested restricted share
   grants

 

 

-

 

 

 

(52

)

 

 

(50

)

 

 

(242

)

Net income attributable to UHS – basic and diluted

 

$

258,714

 

 

$

166,937

 

 

$

809,650

 

 

$

501,175

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares - basic

 

 

66,537

 

 

 

68,867

 

 

 

66,873

 

 

 

69,825

 

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

 

 

1,571

 

 

 

757

 

 

 

1,297

 

 

 

825

 

Weighted average number of common shares and
   equivalents - diluted

 

 

68,108

 

 

 

69,624

 

 

 

68,170

 

 

 

70,650

 

Earnings per basic share attributable to UHS:

 

$

3.89

 

 

$

2.42

 

 

$

12.11

 

 

$

7.18

 

Earnings per diluted share attributable to UHS:

 

$

3.80

 

 

$

2.40

 

 

$

11.88

 

 

$

7.09