Centene Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share

3 Months Ended

Mar. 31, 2019

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,
	2019		2018

Earnings attributable to Centene Corporation	$	522	$	340

Shares used in computing per share amounts:
Weighted average number of common shares outstanding	412,924		347,843
Common stock equivalents (as determined by applying the treasury stock method)	6,828		7,537
Weighted average number of common shares and potential dilutive common shares outstanding	419,752		355,380

Net earnings per common share attributable to Centene Corporation:
Basic earnings per common share	$	1.26	$	0.98
Diluted earnings per common share	$	1.24	$	0.96

The calculation of diluted earnings per common share for the three months ended March 31, 2019 and 2018 excludes the impact of 1.4 million and 9 thousand shares, respectively, related to anti-dilutive stock options, restricted stock and restricted stock units.