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Common Stock and Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Common Stock and Earnings Per Share  
Reserved, authorized and unissued common stock

 

 

At December 31, 2013, shares of EQT’s authorized and unissued common stock were reserved as follows:

 

 

 

(Thousands)

 

 

 

Possible future acquisitions

 

20,457

 

Stock compensation plans

 

8,911

 

Total

 

29,368

 

 

Computation of basic and diluted earnings per share of common stock

 

 

 

 

Years Ended December 31,

 

 

2013

 

2012

 

2011

 

 

(Thousands except per share amounts)

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

Net income attributable to EQT Corporation

 

$

390,572

 

 

$

183,395

 

 

$

479,769

 

Average common shares outstanding

 

150,574

 

 

149,619

 

 

149,392

 

Basic earnings per common share

 

$

2.59

 

 

$

1.23

 

 

$

3.21

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

Net income attributable to EQT Corporation

 

$

390,572

 

 

$

183,395

 

 

$

479,769

 

Average common shares outstanding

 

150,574

 

 

149,619

 

 

149,392

 

Potentially dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and awards (a)

 

1,213

 

 

887

 

 

817

 

Total

 

151,787

 

 

150,506

 

 

150,209

 

Diluted earnings per common share

 

$

2.57

 

 

$

1.22

 

 

$

3.19

 

 

(a)         There were no options to purchase common stock which were excluded from potentially dilutive securities because they were anti-dilutive for the year ended December 31, 2013. Options to purchase common stock which were excluded from potentially dilutive securities because they were anti-dilutive totaled 281,528 and 6,480 shares for the year ended December 31, 2012 and 2011, respectively.