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Earnings (Losses) Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings (Losses) Per Share  
Earnings (losses) per share computations

 

 

 

Three Months Ended March 31,

 

 

 

2014

 

2013

 

 

 

(In thousands, except per share amounts)

 

 

 

 

 

 

 

Net income (loss) (numerator):

 

 

 

 

 

Income (loss) from continuing operations, net of tax

 

$

48,977

 

$

92,207

 

Less: net (income) loss attributable to noncontrolling interest

 

(573

)

(97

)

Less: (earnings) losses allocated to unvested shareholders

 

(733

)

(814

)

Adjusted income (loss) from continuing operations - basic and diluted

 

$

47,671

 

$

91,296

 

Income (loss) from discontinued operations, net of tax

 

$

1,515

 

$

7,011

 

 

 

 

 

 

 

Earnings (losses) per share:

 

 

 

 

 

Basic from continuing operations

 

$

0.16

 

$

0.31

 

Basic from discontinued operations

 

0.01

 

0.03

 

Total Basic

 

$

0.17

 

$

0.34

 

 

 

 

 

 

 

Diluted from continuing operations

 

$

0.16

 

$

0.31

 

Diluted from discontinued operations

 

 

0.02

 

Total Diluted

 

$

0.16

 

$

0.33

 

 

 

 

 

 

 

Shares (denominator):

 

 

 

 

 

Weighted-average number of shares outstanding - basic

 

296,210

 

291,687

 

Net effect of dilutive stock options, warrants and restricted stock awards based on the if-converted method

 

2,840

 

2,483

 

Weighted-average number of shares outstanding - diluted

 

299,050

 

294,170