Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share

v2.4.0.6
Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share

The following table sets forth the calculation of basic and diluted net earnings (loss) per common share:

 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2012
 
2011
 
2012
 
2011
Net earnings (loss) attributable to Centene Corporation
$
3,819

 
$
28,987

 
$
(7,202
)
 
$
81,106

 
 
 
 
 
 
 
 
Shares used in computing per share amounts:
 

 
 

 
 
 
 
Weighted average number of common shares outstanding
51,584,860

 
50,345,512

 
51,393,345

 
50,089,845

Common stock equivalents (as determined by applying the treasury stock method)
2,221,337

 
2,274,838

 

 
2,231,061

Weighted average number of common shares and potential dilutive common shares outstanding
53,806,197

 
52,620,350

 
51,393,345

 
52,320,906

 
 
 
 
 
 
 
 
Net earnings (loss) per share attributable to Centene Corporation:
 
 
 
 
 
 
 
Basic earnings (loss) per common share
$
0.07

 
$
0.58

 
$
(0.14
)
 
$
1.62

Diluted earnings (loss) per common share
$
0.07

 
$
0.55

 
$
(0.14
)
 
$
1.55



The calculation of diluted earnings (loss) per common share for the three and nine months ended September 30, 2012 excludes the impact of 44,642 and 4,638,757 shares (before application of the treasury stock method), respectively, related to anti-dilutive stock options, restricted stock and restricted stock units. The calculation of diluted earnings per common share for the three and nine months ended September 30, 2011 excludes the impact of 69,359 and 97,004 shares, respectively, related to anti-dilutive stock options, restricted stock and restricted stock units.