XML 36 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings (Losses) Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings (Losses) Per Share  
Earnings (losses) per share computations

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

 

 

(In thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) (numerator):

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations, net of tax

 

$

65,729

 

$

28,128

 

$

114,706

 

$

120,335

 

Less: net (income) loss attributable to noncontrolling interest

 

(253

)

(5,616

)

(826

)

(5,713

)

Less: loss on redemption of subsidiary preferred stock

 

(1,688

)

 

(1,688

)

 

Less: (earnings) losses allocated to unvested shareholders

 

(974

)

(814

)

(1,707

)

 

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

 

$

62,814

 

$

21,698

 

$

110,485

 

$

114,622

 

Income (loss) from discontinued operations, net of tax

 

$

(1,032

)

$

(26,873

)

$

483

 

$

(19,862

)

 

 

 

 

 

 

 

 

 

 

Earnings (losses) per share:

 

 

 

 

 

 

 

 

 

Basic from continuing operations

 

$

0.21

 

$

0.08

 

$

0.37

 

$

0.41

 

Basic from discontinued operations

 

 

(0.09

)

 

(0.09

)

Total Basic

 

$

0.21

 

$

(0.01

)

$

0.37

 

$

0.32

 

 

 

 

 

 

 

 

 

 

 

Diluted from continuing operations

 

$

0.21

 

$

0.08

 

$

0.37

 

$

0.41

 

Diluted from discontinued operations

 

 

(0.09

)

 

(0.09

)

Total Diluted

 

$

0.21

 

$

(0.01

)

$

0.37

 

$

0.32

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator):

 

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding - basic

 

297,984

 

294,747

 

297,097

 

293,217

 

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

 

2,997

 

2,372

 

2,919

 

2,427

 

Weighted-average number of shares outstanding - diluted

 

300,981

 

297,119

 

300,016

 

295,644