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Earnings (Losses) Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings (Losses) Per Share  
Earnings (losses) per share computations

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2015

 

2014

 

 

 

(In thousands, except per share amounts)

 

BASIC EPS:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) (numerator):

 

 

 

 

 

Income (loss) from continuing operations, net of tax

 

$

124,362

 

$

48,977

 

Less: net (income) loss attributable to noncontrolling interest

 

89

 

(573

)

Less: (earnings) losses allocated to unvested shareholders

 

(2,031

)

(733

)

Numerator for basic earnings per share:

 

 

 

 

 

Adjusted income (loss) from continuing operations

 

$

122,420

 

$

47,671

 

Income (loss) from discontinued operations

 

$

(817

)

$

1,515

 

 

 

 

 

 

 

Weighted-average number of shares outstanding - basic

 

285,361

 

296,210

 

 

 

 

 

 

 

Earnings (losses) per share:

 

 

 

 

 

Basic from continuing operations

 

$

0.43

 

$

0.16

 

Basic from discontinued operations

 

 

0.01

 

Total Basic

 

$

0.43

 

$

0.17

 

 

 

 

 

 

 

DILUTED EPS:

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations attributed to common shareholders

 

$

122,420

 

$

47,671

 

Add: effect of reallocating undistributed earnings of unvested shareholders

 

5

 

 

Adjusted income (loss) from continuing operations attributed to common shareholders

 

$

122,425

 

$

47,671

 

Income (loss) from discontinued operations

 

$

(817

)

$

1,515

 

 

 

 

 

 

 

Weighted-average number of shares outstanding - basic

 

285,361

 

296,210

 

Add: dilutive effect of potential common shares

 

812

 

2,840

 

Weighted-average number of diluted shares outstanding

 

286,173

 

299,050

 

 

 

 

 

 

 

Earnings (losses) per share:

 

 

 

 

 

Diluted from continuing operations

 

$

0.43

 

$

0.16

 

Diluted from discontinued operations

 

(0.01

)

 

Total Diluted

 

$

0.42

 

$

0.16