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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
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,

 

 

    

2016

    

2015

 

Basic earnings per share:

 

 

 

 

 

 

 

Income applicable to Hilltop common stockholders

 

$

27,567

 

$

111,876

 

Less: income applicable to participating shares

 

 

(125)

 

 

(574)

 

Net earnings available to Hilltop common stockholders

 

$

27,442

 

$

111,302

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

98,153

 

 

99,741

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.28

 

$

1.12

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

Income applicable to Hilltop common stockholders

 

$

27,567

 

$

111,876

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

98,153

 

 

99,741

 

Effect of potentially dilutive securities

 

 

516

 

 

886

 

Weighted average shares outstanding - diluted

 

 

98,669

 

 

100,627

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.28

 

$

1.11