Annual report pursuant to Section 13 and 15(d)

Unaudited Summarized Quarterly Financial Information

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Unaudited Summarized Quarterly Financial Information
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Summarized Quarterly Financial Information Unaudited Summarized Quarterly Financial Information
The following table represents the Company’s unaudited quarterly results of operations (amounts in thousands, except share data):
 
 
 
First Quarter 2019
 
Second Quarter 2019
 
Third Quarter 2019
 
Fourth Quarter 2019
Net service revenue
 
$
502,585

 
$
517,842

 
$
528,499

 
$
531,315

Gross margin
 
181,593

 
191,982

 
193,731

 
188,048

Net income attributable to LHC Group, Inc.’s common stockholders
 
18,856

 
25,000

 
30,067

 
21,803

Net income attributable to LHC Group' Inc.'s common stockholders
 
 
 
 
 
 
 
 
  Basic earnings per share:
 
$
0.61

 
$
0.81

 
$
0.97

 
$
0.70

Diluted earnings per share:
 
$
0.60

 
$
0.80

 
$
0.96

 
$
0.70

Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
30,837,290

 
30,960,468

 
30,970,589

 
30,977,812

Diluted
 
31,187,098

 
31,200,930

 
31,247,196

 
31,270,149

 
 
 
First Quarter 2018
 
Second Quarter 2018
 
Third Quarter 2018
 
Fourth Quarter 2018
Net service revenue
 
$
291,054

 
$
502,024

 
$
507,043

 
$
509,842

Gross margin
 
102,436

 
181,020

 
184,847

 
185,303

Net income attributable to LHC Group, Inc.’s common stockholders
 
4,995

 
16,797

 
21,230

 
20,552

Net income attributable to LHC Group' Inc.'s common stockholders
 
 
 
 
 
 
 
 
  Basic earnings per share:
 
$
0.28

 
$
0.55

 
$
0.69

 
$
0.67

Diluted earnings per share:
 
$
0.28

 
$
0.55

 
$
0.68

 
$
0.66

Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
17,789,863

 
30,497,501

 
30,750,227

 
30,777,556

Diluted
 
18,039,345

 
30,742,293

 
31,083,815

 
31,142,061


Because of the method used to calculate per share amounts, quarterly per share amounts may not necessarily total to the per share amounts for the entire year.