Net Income (Loss) Per Common Share (Tables)

6 Months Ended

Jun. 30, 2013

Net Income (Loss) Per Common Share [Abstract]

Calculation of Net Income per Common Share

The reconciliation of the net income (loss) per common share calculation is as follows:

	For the three months ended						For the six months ended
($ and shares in thousands, except per share amounts)	June 30,						June 30,
	2013			2012			2013			2012
Net income (loss) used for basic and diluted earnings
per common share:
Net income (loss) attributable to common shareholders of Frontier	$	(38,460	)	$	17,989		$	9,680		$	44,757
Less:  Dividends paid on unvested restricted stock awards		(755	)		(735	)		(1,276	)		(1,472	)
Total basic and diluted net income (loss) attributable to common
shareholders of Frontier	$	(39,215	)	$	17,254		$	8,404		$	43,285
Basic earnings per common share:
Total weighted average shares and unvested restricted stock awards
outstanding - basic		999,234			998,462			998,770			996,989
Less:  Weighted average unvested restricted stock awards		(6,623	)		(7,279	)		(6,606	)		(7,120	)
Total weighted average shares outstanding - basic		992,611			991,183			992,164			989,869
Net income (loss) per share attributable to common shareholders of Frontier	$	(0.04	)	$	0.02		$	0.01		$	0.04
Diluted earnings per common share:
Total weighted average shares outstanding - basic		992,611			991,183			992,164			989,869
Effect of dilutive shares		603			-			449			10
Effect of dilutive stock units		-			-			-			704
Total weighted average shares outstanding - diluted		993,214			991,183			992,613			990,583
Net income (loss) per share attributable to common shareholders of Frontier	$	(0.04	)	$	0.02		$	0.01		$	0.04