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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings per Share  
Computation of basic and diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

 

2015

 

2014

 

2015

 

2014

 

Numerator:

    

 

    

    

 

    

    

 

    

    

 

    

 

Net income from continuing operations

 

$

14,760

 

$

6,768

 

$

32,876

 

$

10,335

 

Preferred stock dividends

 

 

(7,096)

 

 

(10,692)

 

 

(32,454)

 

 

(31,672)

 

Income (loss) from continuing operations attributable to common stockholders

 

 

7,664

 

 

(3,924)

 

 

422

 

 

(21,337)

 

Income (loss) from a discontinued operation, net of taxes

 

 

 —

 

 

699

 

 

281

 

 

(2,064)

 

Net income (loss) available to common stockholders

 

$

7,664

 

$

(3,225)

 

$

703

 

$

(23,401)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS - weighted average common shares outstanding

 

 

41,476,116

 

 

41,195,047

 

 

41,374,188

 

 

41,141,281

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

0.19

 

$

(0.10)

 

$

0.01

 

$

(0.52)

 

Income (loss) income from a discontinued operation, net of taxes

 

 

 —

 

 

0.02

 

 

0.01

 

 

(0.05)

 

Net income (loss)

 

$

0.19

 

$

(0.08)

 

$

0.02

 

$

(0.57)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS - weighted average common shares outstanding

 

 

41,819,422

 

 

41,195,047

 

 

41,717,494

 

 

41,141,281

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

0.19

 

$

(0.10)

 

$

0.01

 

$

(0.52)

 

Income (loss) from a discontinued operation, net of taxes

 

 

 —

 

 

0.02

 

 

0.01

 

 

(0.05)

 

Net income (loss)

 

$

0.19

 

$

(0.08)

 

$

0.02

 

$

(0.57)