Earnings per Common Share (Tables)

12 Months Ended

Dec. 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).

	Year Ended December 31,
	2015		2014		2013
Basic earnings per share:
Income applicable to Hilltop common stockholders	$	209,119	$	105,947	$	121,015
Less: income applicable to participating shares		(952)		(547)		(672)
Net earnings available to Hilltop common stockholders	$	208,167	$	105,400	$	120,343
Weighted average shares outstanding - basic		99,074		89,710		84,382
Basic earnings per common share	$	2.10	$	1.18	$	1.43
Diluted earnings per share:
Income applicable to Hilltop common stockholders	$	209,119	$	105,947	$	121,015
Add: interest expense on Exchangeable Notes (net of tax)		—		—		5,059
Net earnings available to Hilltop common stockholders		209,119		105,947		126,074
Weighted average shares outstanding - basic		99,074		89,710		84,382
Effect of potentially dilutive securities		888		863		5,949
Weighted average shares outstanding - diluted		99,962		90,573		90,331
Diluted earnings per common share	$	2.09	$	1.17	$	1.40