XML 43 R33.htm IDEA: XBRL DOCUMENT v3.4.0.3
Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Share-Based Activity
Other information pertaining to share-based activity during the three months ended March 31, 2016 and 2015 was as follows (in thousands):
 
Three Months Ended March 31,
 
2016
 
2015
Share-based compensation expense
$
7,168

 
$
3,709

Fair value of shares vested
16,961

 
11,474

Cash received from option exercises
276

 
1,746

Tax benefit from exercises of share based awards
3,605

 
3,317

Schedule Of Changes In Non-Vested Restricted Shares
A summary of the status of non-vested restricted shares at March 31, 2016 and changes during the three months ended March 31, 2016 is as follows:
 
 
 
Weighted
 
Number
 
Average
 
of Shares
 
Grant Price
Non-vested shares at December 31, 2015
734,101

 
$
44.73

Shares granted
566,763

 
73.98

Shares vested
(231,862
)
 
36.27

Shares forfeited
(5,407
)
 
55.40

Non-vested shares at March 31, 2016
1,063,595

 
$
62.11

Schedule Of Stock Option Activity
A summary of stock option activity for the three months ended March 31, 2016 is summarized as follows:
 
 
 
 
 
Weighted
 
 
 
Weighted
 
Average
 
 
 
Average
 
Remaining
 
Number
 
Exercise
 
Contractual
 
of Shares
 
Price
 
Term (in years)
Outstanding at December 31, 2015
33,751

 
$
22.98

 
1.1
Options exercised with total intrinsic value of $0.6 million
(12,667
)
 
21.78

 
 
Options terminated
(4,200
)
 
21.07

 
 
Outstanding, Vested and Exercisable at March 31, 2016 with an aggregate intrinsic value of $0.9 million
16,884

 
$
24.36

 
0.8
Schedule Of Reconciliation Of Numerator And Denominators Of Basic And Diluted Earnings Per Share
The following is a reconciliation of the numerator and denominators of basic and diluted earnings per share (in thousands, except per share amounts):
 
Three Months Ended March 31,
 
Earnings
 
Shares
 
Per Share
 
(Numerator)
 
(Denominator)
 
Amount
2016:
 

 
 

 
 

Net earnings attributable to AmSurg Corp. common shareholders (basic)
$
28,599

 
53,665

 
$
0.53

Effect of dilutive securities, options and non-vested shares

 
336

 
 

Net earnings attributable to AmSurg Corp. common shareholders (diluted)
$
28,599

 
54,001

 
$
0.53

 
 
 
 
 
 
2015:
 
 
 
 
 
Net earnings attributable to AmSurg Corp. common shareholders (basic)
$
18,774

 
47,572

 
$
0.39

Effect of dilutive securities, options and non-vested shares

 
333

 
 

Net earnings attributable to AmSurg Corp. common shareholders (diluted)
$
18,774

 
47,905

 
$
0.39