XML 31 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per share (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of reconciliation of basic and diluted weighted average shares outstanding
The following sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2014 and 2013:
 
 
 
2014

2013
Weighted-average number of common shares outstanding:
 
($ in thousands)
 
Basic number of common shares outstanding
 
103,264,616

 
78,432,132

 
Dilutive effect of options
 
1,386,722

 
—

 
Dilutive effect of warrants
 
1,762,242

 
651,543

 
Diluted number of common shares outstanding
 
106,413,580

 
79,083,675

 
 
 
 
 
 
Basic net income per common share:
 
 
 
 
 
Net income
 
$
39,779

 
$
74,430

 
Income allocated to participating shares
 
(252
)
 
(583
)
 
Net income available to common shareholders
 
$
39,527

 
$
73,847

 
 
 
 
 
 
 
Basic net income per common share
 
$
0.38

 
$
0.94

 
 
 
 
 
 
 Diluted net income per common share:
 
 
 
 
 
Net income
 
$
39,779

 
$
74,430

 
Income allocated to participating shares
 
(245
)
 
(578
)
 
Net income available to common shareholders
 
$
39,534

 
$
73,852

 
 
 
 
 
 
 
Diluted net income per common share
 
$
0.37

 
$
0.93