Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2016

Other information pertaining to share-based activity during the three and six months ended June 30, 2016 and 2015 was as follows (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Share-based compensation expense	$	7,900	$	3,883	$	15,068	$	7,592
Fair value of shares vested	1,282		1,746		18,243		13,220
Cash received from option exercises	174		334		450		2,080
Tax benefit from exercises of share based awards	129		216		3,734		3,533

A summary of the status of non-vested restricted shares at June 30, 2016 and changes during the six months ended June 30, 2016 is as follows:



			Weighted
	Number		Average
	of Shares		Grant Price
Non-vested shares at December 31, 2015	734,101		$	44.73
Shares granted	586,791		74.00
Shares vested	(249,421	)	38.61
Shares forfeited	(5,407	)	55.40
Non-vested shares at June 30, 2016	1,066,064		$	62.22

A summary of stock option activity for the six months ended June 30, 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 $1.0 million	(19,718	)	22.84
Options terminated	(4,200	)	21.07
Outstanding, Vested and Exercisable at June 30, 2016 with an aggregate intrinsic value of $0.5 million	9,833		$	24.09	0.5

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 June 30,					Six Months Ended June 30,
	Earnings		Shares	Per Share		Earnings		Shares	Per Share
	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
2016:
Net earnings attributable to AmSurg Corp. common shareholders (basic)	$	43,805	53,739	$	0.82	$	72,404	53,702	$	1.35
Preferred stock dividends	2,264		—			4,528		—
Effect of dilutive securities, options and non-vested shares	—		3,588			—		3,527
Net earnings attributable to AmSurg Corp. common shareholders (diluted)	$	46,069	57,327	$	0.80	$	76,932	57,229	$	1.34

2015:
Net earnings attributable to AmSurg Corp. common shareholders (basic)	$	31,411	47,678	$	0.66	$	50,185	47,625	$	1.05
Effect of dilutive securities, options and non-vested shares	—		421			—		377
Net earnings attributable to AmSurg Corp. common shareholders (diluted)	$	31,411	48,099	$	0.65	$	50,185	48,002	$	1.05