| Calculation Of Basic And Diluted Net Earnings Per Common Share |
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Three Months Ended
September 30,
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Nine Months Ended
September 30,
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2011 |
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2010 |
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2011 |
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2010 |
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Net earnings attributable to Centene Corporation common stockholders:
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Earnings from continuing operations, net of tax
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$ |
28,987 |
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$ |
22,402 |
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$ |
81,106 |
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$ |
65,483 |
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Discontinued operations, net of tax
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— |
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260 |
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— |
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3,954 |
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Net earnings
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$ |
28,987 |
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$ |
22,662 |
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$ |
81,106 |
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$ |
69,437 |
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Shares used in computing per share amounts:
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Weighted average number of common shares outstanding
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50,345,512 |
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49,238,406 |
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50,089,845 |
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48,552,135 |
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Common stock equivalents (as determined by applying the treasury stock method)
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2,274,838 |
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1,699,951 |
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2,231,061 |
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1,640,055 |
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Weighted average number of common shares and potential dilutive common shares outstanding
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52,620,350 |
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50,938,357 |
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52,320,906 |
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50,192,190 |
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Net earnings per share attributable to Centene Corporation common stockholders:
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Basic:
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Continuing operations
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$ |
0.58 |
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$ |
0.46 |
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$ |
1.62 |
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$ |
1.35 |
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Discontinued operations
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— |
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— |
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— |
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0.08 |
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Earnings per common share
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$ |
0.58 |
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$ |
0.46 |
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$ |
1.62 |
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$ |
1.43 |
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Diluted:
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Continuing operations
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$ |
0.55 |
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$ |
0.44 |
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$ |
1.55 |
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$ |
1.30 |
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Discontinued operations
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— |
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— |
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— |
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0.08 |
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Earnings per common share
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$ |
0.55 |
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$ |
0.44 |
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$ |
1.55 |
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$ |
1.38 |
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