Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.10.0.1
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Earnings Per Common 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 September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
Earnings attributable to Centene Corporation
$
19

 
$
205

 
$
659

 
$
598

 
 
 
 
 
 
 
 
Shares used in computing per share amounts:
 

 
 
 
 
 
 
Weighted average number of common shares outstanding
205,295

 
172,508

 
191,628

 
172,314

Common stock equivalents (as determined by applying the treasury stock method)
4,227

 
4,407

 
4,005

 
4,100

Weighted average number of common shares and potential dilutive common shares outstanding
209,522

 
176,915

 
195,633

 
176,414

 
 
 
 
 
 
 
 
Net earnings per common share attributable to Centene Corporation:
Basic earnings per common share
$
0.09

 
$
1.19

 
$
3.44

 
$
3.47

Diluted earnings per common share
$
0.09

 
$
1.16

 
$
3.37

 
$
3.39