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Earnings Per Common Share Attributable To Avista Corporation
9 Months Ended
Sep. 30, 2015
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,
 
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations attributable to Avista Corp. shareholders
$
12,722

 
$
10,506

 
$
84,221

 
$
89,236

Net income (loss) from discontinued operations attributable to Avista Corp. shareholders
289

 
(55
)
 
485

 
70,585

Subsidiary earnings adjustment for dilutive securities (discontinued operations)

 

 

 
5

Adjusted net income (loss) from discontinued operations attributable to Avista Corp. shareholders for computation of diluted earnings per common share
$
289

 
$
(55
)
 
$
485

 
$
70,590

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding-basic
62,299

 
63,934

 
62,299

 
61,413

Effect of dilutive securities:
 
 
 
 
 
 
 
Performance and restricted stock awards
389

 
310

 
392

 
212

Weighted-average number of common shares outstanding-diluted
62,688

 
64,244

 
62,691

 
61,625

Earnings per common share attributable to Avista Corp. shareholders, basic:
 
 
 
 
 
 
 
Earnings per common share from continuing operations
$
0.21

 
$
0.16

 
$
1.35

 
$
1.45

Earnings per common share from discontinued operations
$

 
$

 
$
0.01

 
$
1.15

Total earnings per common share attributable to Avista Corp. shareholders, basic
$
0.21

 
$
0.16

 
$
1.36

 
$
2.60

Earnings per common share attributable to Avista Corp. shareholders, diluted:
 
 
 
 
 
 
 
Earnings per common share from continuing operations
$
0.21

 
$
0.16

 
$
1.34

 
$
1.45

Earnings per common share from discontinued operations
$

 
$

 
$
0.01

 
$
1.14

Total earnings per common share attributable to Avista Corp. shareholders, diluted
$
0.21

 
$
0.16

 
$
1.35

 
$
2.59

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