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Earnings Per Share
 9 Months Ended 12 Months Ended
Sep. 30, 2011
Dec. 31, 2010
Earnings Per Share [Abstract]    
Earnings Per Share

NOTE 15—EARNINGS PER SHARE

For the three and nine months ended September 30, 2011, a total of 20,826,402 and 21,571,852 potentially dilutive securities have not been included in the diluted weighted average shares as Kennedy-Wilson has a net loss attributable to common shareholders.

The impact of 19,868,582 shares underlying the warrants and convertible preferred stock has been excluded from diluted weighted average shares for the three months ended September 30, 2010 as it is antidilutive. For the nine months ended September 30, 2010, the impact of 24,104,453 shares underlying the warrants, convertible debt and convertible preferred stock has been excluded from diluted weighted average shares as it is antidilutive.

NOTE 22—EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:

 

     Year ended December 31,  
     2010     2009     2008  

Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders

    $ (1,052,000 )    $ (15,336,000 )    $ 613,000   

Basic (loss) income per share attributable to Kennedy-Wilson Holdings, Inc. common shareholders

      (0.03 )      (0.57 )      0.03   
  

 

 

    

 

 

    

 

 

  

Weighted average shares outstanding for basic (loss) income per share

      38,978,272        26,891,304        22,892,498   
  

 

 

    

 

 

    

 

 

  

Diluted (loss) income per share attributable to Kennedy-Wilson Holdings, Inc. common shareholders:

    $ (0.3 )    $ (0.57 )    $ 0.03   
  

 

 

    

 

 

    

 

 

  

Weighted average shares outstanding for diluted (loss) income per share

      38,978,272        26,891,304        24,310,299   
  

 

 

    

 

 

    

 

 

  

Weighted average common shares

      38,978,272        26,891,304        22,892,498   
  

 

 

    

 

 

    

 

 

  

Options and warrants

      —          —          65,583   

Non-vested stock

      —          —          1,352,218   
  

 

 

    

 

 

    

 

 

  

Total diluted shares

      38,978,272        26,891,304        24,310,299   
  

 

 

    

 

 

    

 

 

  

The dilutive shares from warrants, convertible securities, options and non-vested stock have not been included in the diluted weighted average shares as Kennedy-Wilson has a net loss available to common shareholders. There were a total of 0, 147,857 and 0 potentially dilutive securities as of December 31, 2010, 2009 and 2008, respectively.