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Earnings Per Common Share Attributable To Avista Corporation
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Common Share Attributable To Avista Corporation Shareholders
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO AVISTA CORP. SHAREHOLDERS
The following table presents the computation of basic and diluted earnings per common share attributable to Avista Corp. shareholders for the three and nine months ended September 30 (in thousands, except per share amounts):
 
Three months ended
 
Nine months ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations attributable to Avista Corp. shareholders
$
10,506

 
$
8,450

 
$
89,236

 
$
73,882

Net income (loss) from discontinued operations attributable to Avista Corp. shareholders
(55
)
 
2,963

 
70,585

 
5,529

Subsidiary earnings adjustment for dilutive securities (discontinued operations)

 
(81
)
 
5

 
(163
)
Adjusted net income (loss) from discontinued operations attributable to Avista Corp. shareholders for computation of diluted earnings per common share
$
(55
)
 
$
2,882

 
$
70,590

 
$
5,366

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding-basic
63,934

 
59,994

 
61,413

 
59,933

Effect of dilutive securities:
 
 
 
 
 
 
 
Performance and restricted stock awards
310

 
38

 
212

 
31

Weighted-average number of common shares outstanding-diluted
64,244

 
60,032

 
61,625

 
59,964

Earnings per common share attributable to Avista Corp. shareholders, basic:
 
 
 
 
 
 
 
Earnings per common share from continuing operations
$
0.16

 
$
0.14

 
$
1.45

 
$
1.23

Earnings per common share from discontinued operations
$

 
$
0.05

 
$
1.15

 
$
0.09

Total earnings per common share attributable to Avista Corp. shareholders, basic
$
0.16

 
$
0.19

 
$
2.60

 
$
1.32

Earnings per common share attributable to Avista Corp. shareholders, diluted:
 
 
 
 
 
 
 
Earnings per common share from continuing operations
$
0.16

 
$
0.14

 
$
1.45

 
$
1.23

Earnings per common share from discontinued operations
$

 
$
0.05

 
$
1.14

 
$
0.09

Total earnings per common share attributable to Avista Corp. shareholders, diluted
$
0.16

 
$
0.19

 
$
2.59

 
$
1.32

There were no shares excluded from the calculation because they were antidilutive.