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Net Income Per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
Net Income Per Common Share [Abstract]  
Calculation Of Net Income Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended

 

For the six months ended

($ and shares in thousands, except per share amounts)

June 30,

 

June 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2014

 

2013

Net income (loss) used for basic and diluted earnings 

 

 

 

 

 

 

 

 

 

 

 

per common share:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common shareholders of Frontier

$

37,680 

 

$

(38,460)

 

$

76,954 

 

$

9,680 

Less:  Dividends paid on unvested restricted stock awards

 

(746)

 

 

(755)

 

 

(1,513)

 

 

(1,276)

Total basic and diluted net income (loss) attributable to common

 

 

 

 

 

 

 

 

 

 

 

shareholders of Frontier

$

36,934 

 

$

(39,215)

 

$

75,441 

 

$

8,404 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

 

 

 

awards outstanding - basic

 

1,002,191 

 

 

999,234 

 

 

1,001,474 

 

 

998,770 

Less:  Weighted average unvested restricted stock awards

 

(7,563)

 

 

(6,623)

 

 

(7,189)

 

 

(6,606)

Total weighted average shares outstanding - basic

 

994,628 

 

 

992,611 

 

 

994,285 

 

 

992,164 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share attributable to common

 

 

 

 

 

 

 

 

 

 

 

shareholders of Frontier

$

0.04 

 

$

(0.04)

 

$

0.08 

 

$

0.01 

  

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

994,628 

 

 

992,611 

 

 

994,285 

 

 

992,164 

Effect of dilutive shares

 

2,157 

 

 

603 

 

 

2,645 

 

 

449 

Total weighted average shares outstanding - diluted

 

996,785 

 

 

993,214 

 

 

996,930 

 

 

992,613 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income (loss) per share attributable to common

 

 

 

 

 

 

 

 

 

 

 

shareholders of Frontier

$

0.04 

 

$

(0.04)

 

$

0.08 

 

$

0.01