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EX-99.2 - EXHIBIT 99.2 - VANGUARD HEALTH SYSTEMS INCexhibit99263012.htm
EX-99.3 - EXHIBIT 99.3 - VANGUARD HEALTH SYSTEMS INCexhibit99363012.htm
EX-99.1 - EXHIBIT 99.1 - VANGUARD HEALTH SYSTEMS INCexhibit99163012.htm
8-K - 8-K - VANGUARD HEALTH SYSTEMS INCa8-kbody063012.htm


EXHIBIT 99.4

VANGUARD HEALTH SYSTEMS, INC.
Supplementary Financial Information

Normalized Diluted Earnings Per Share
Presentation of Most Directly Comparable GAAP Financial Measure
(Diluted Earnings Per Share) and Reconciliation of Normalized Diluted Earnings Per Share
to Diluted Earnings Per Share

($ presented in millions except per share amounts, unaudited)
 
Quarter ended
 
 
June 30, 2012
Income from continuing operations before income taxes
 
$
20.2

Income tax expense
 
(1.8
)
Income from continuing operations
 
18.4

Loss from discontinued operations, net of taxes
 

Net income
 
18.4

Net loss attributable to non-controlling interests
 
0.9

Net income attributable to Vanguard Health Systems, Inc. stockholders
 
19.3

Diluted weighted average shares outstanding (in thousands)
 
79,148

Diluted earnings per share
 
$
0.24

 
 
 
Income from continuing operations before income taxes
 
$
20.2

Income tax expense
 
(1.8
)
Additional tax expense adjustment necessary to reflect a 39% effective tax rate
 
(6.1
)
Income from continuing operations (as normalized)
 
12.3

Loss from discontinued operations, net of taxes
 

Net income (as normalized)
 
12.3

Net loss attributable to non-controlling interests
 
0.9

Net income attributable to Vanguard Health Systems, Inc. stockholders (as normalized)
 
13.2

Diluted weighted average shares outstanding (in thousands)
 
79,148

Normalized diluted earnings per share
 
$
0.16