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Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings (Loss) Per Share  
Schedule of computations of basic and diluted earnings per share

 

 

 

 

Three Months Ended March 31,

 

 

 

2014

 

2013

 

 

 

(in thousands, except per share amounts)

 

 

 

 

 

 

 

Net income

 

$

1,719

 

$

857

 

Net income attributable to noncontrolling interests

 

(239

)

(271

)

 

 

 

 

 

 

Net income attributable to common shareholders of
WCI Communities, Inc.

 

$

1,480

 

$

586

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

26,015

 

18,045

 

Effect of dilutive securities:

 

 

 

 

 

Stock-based compensation arrangements

 

216

 

18

 

Diluted weighted average shares outstanding

 

26,231

 

18,063

 

 

 

 

 

 

 

Earnings per share of WCI Communities, Inc.:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.06

 

$

0.03

 

 

 

 

 

 

 

Diluted

 

$

0.06

 

$

0.03