Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.8.0.1
Earnings Per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table sets forth the calculation of basic and diluted net earnings per common share ($ in millions, except shares in thousands and per share data in dollars):
 
Three Months Ended March 31,
 
2018
 
2017
 
 
 
 
Earnings attributable to Centene Corporation
$
340

 
$
139

 
 
 
 
Shares used in computing per share amounts:
 
 
 
Weighted average number of common shares outstanding
173,921

 
172,074

Common stock equivalents (as determined by applying the treasury stock method)
3,769

 
3,762

Weighted average number of common shares and potential dilutive common shares outstanding
177,690

 
175,836

 
 
 
 
Net earnings per common share attributable to Centene Corporation:
Basic earnings per common share
$
1.95

 
$
0.81

Diluted earnings per common share
$
1.91

 
$
0.79



The calculation of diluted earnings per common share for the three months ended March 31, 2018 and 2017 excludes the impact of 5 thousand and 55 thousand shares, respectively, related to anti-dilutive stock options, restricted stock and restricted stock units.