Earnings per share (Notes)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Earnings per share

Basic earnings per share is calculated by dividing net income attributable to the Company by the weighted average number of common shares outstanding. Weighted average common shares outstanding include restricted stock unit awards that are no longer subject to forfeiture because the recipients have satisfied either the explicit vesting terms or retirement eligibility requirements.

Diluted earnings per share includes the dilutive effect of outstanding stock-settled stock appreciation rights and unvested stock units as computed under the treasury stock method.

The reconciliations of the numerators and denominators used to calculate basic and diluted earnings per share were as follows:

	Three months ended March 31,
	2020		2019
Net income from continuing operations attributable to DaVita Inc.	$	229,613	$	120,254
Net income from discontinued operations attributable to DaVita Inc.	9,980		29,035
Net income attributable to DaVita Inc.	$	239,593	$	149,289
Weighted average shares - basic	124,902		166,388
Assumed incremental shares from stock plans	1,993		393
Weighted average shares - diluted	126,895		166,781
Basic net income attributable to DaVita Inc. from:
Continuing operations per share	$	1.84	$	0.72
Discontinued operations per share	0.08		0.18
Basic net income per share attributable to DaVita Inc.	$	1.92	$	0.90
Diluted net income attributable to DaVita Inc. from:
Continuing operations per share	$	1.81	$	0.72
Discontinued operations per share	0.08		0.18
Diluted net income per share attributable to DaVita Inc.	$	1.89	$	0.90
Anti-dilutive stock-settled awards excluded from calculations(1)	3,207		6,150

(1)

Shares associated with stock-settled stock appreciation rights and performance stock units were excluded from the diluted denominator calculations because they are anti-dilutive under the treasury stock method.