Earnings Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

3. Earnings Per Share

The computations of basic and diluted earnings are as follows.

	For the Year Ended
	December 31, 2023			December 31, 2022			December 31, 2021
	(In thousands, except per share data)
Computation of earnings per share - USPH shareholders:
Net income attributable to USPH shareholders	$	28,239		$	32,158		$	40,831
Charges to retained earnings:
Revaluation of redeemable non-controlling interest		(13,565	)		(3,890	)		(13,011	)
Tax effect at statutory rate (federal and state)		3,466			994			3,324
	$	18,140		$	29,262		$	31,144
Earnings per share (basic and diluted)	$	1.28		$	2.25		$	2.41
Shares used in computation:
Basic and diluted earnings per share - weighted-average shares		14,188			12,985			12,898