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Earnings per Common Share (Tables)
 3 Months Ended
Mar. 31, 2015
Earnings per Common Share  
Schedule of the computation of basic and diluted earnings per common share

 

 

The following table presents the computation of basic and diluted earnings per common share (in thousands, except per share data).

 

 

 

Three Months Ended March 31,

 

 

 

2015

 

2014

 

Basic earnings per share:

 

 

 

 

 

Income applicable to Hilltop common stockholders

 

$
113,402

 

$
23,760

 

Less: income applicable to participating shares

 
(581

)
(124

)

Net earnings available to Hilltop common stockholders

 

$
112,821

 

$
23,636

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 
99,741

 
89,707

 

 

 

 

 

 

 

Basic earnings per common share

 

$
1.13

 

$
0.26

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

Income applicable to Hilltop common stockholders

 

$
113,402

 

$
23,760

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 
99,741

 
89,707

 

Effect of potentially dilutive securities

 
886

 
878

 

Weighted average shares outstanding - diluted

 
100,627

 
90,585

 

 

 

 

 

 

 

Diluted earnings per common share

 

$
1.13

 

$
0.26