Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.2.0.727
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
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 per share data):

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Earnings attributable to Centene Corporation:
 
 
 
 
 
 
 
Earnings from continuing operations, net of tax
$
88

 
$
47

 
$
152

 
$
81

Discontinued operations, net of tax

 
2

 
(1
)
 
1

Net earnings
$
88

 
$
49

 
$
151

 
$
82

 
 
 
 
 
 
 
 
Shares used in computing per share amounts:
 

 
 
 
 
 
 
Weighted average number of common shares outstanding
119,003,569

 
115,517,366

 
118,894,269

 
115,244,078

Common stock equivalents (as determined by applying the treasury stock method)
3,961,442

 
3,917,150

 
3,891,190

 
3,850,762

Weighted average number of common shares and potential dilutive common shares outstanding
122,965,011

 
119,434,516

 
122,785,459

 
119,094,840

 
 
 
 
 
 
 
 
Net earnings (loss) per common share attributable to Centene Corporation:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Continuing operations
$
0.74

 
$
0.41

 
$
1.28

 
$
0.70

Discontinued operations

 
0.01

 
(0.01
)
 
0.01

Basic earnings per common share
$
0.74

 
$
0.42

 
$
1.27

 
$
0.71

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Continuing operations
$
0.72

 
$
0.39

 
$
1.24

 
$
0.68

Discontinued operations

 
0.02

 
(0.01
)
 
0.01

Diluted earnings per common share
$
0.72

 
$
0.41

 
$
1.23

 
$
0.69