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Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2017
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 September 30,

 

Nine Months Ended September 30,

 

 

   

2017

   

2016

   

2017

    

2016

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income attributable to Hilltop

 

$

30,206

 

$

51,932

 

$

119,116

 

$

110,573

 

Less: income applicable to participating shares

 

 

 —

 

 

(5)

 

 

 —

 

 

(11)

 

Net earnings available to Hilltop common stockholders

 

$

30,206

 

$

51,927

 

$

119,116

 

$

110,562

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

96,096

 

 

98,490

 

 

97,554

 

 

98,367

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.31

 

$

0.53

 

$

1.22

 

$

1.12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income attributable to Hilltop

 

$

30,206

 

$

51,932

 

$

119,116

 

$

110,573

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

96,096

 

 

98,490

 

 

97,554

 

 

98,367

 

Effect of potentially dilutive securities

 

 

210

 

 

135

 

 

249

 

 

206

 

Weighted average shares outstanding - diluted

 

 

96,306

 

 

98,625

 

 

97,803

 

 

98,573

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.31

 

$

0.53

 

$

1.22

 

$

1.12