XML 24 R76.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended 12 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2012
Jul. 31, 2011
Jan. 31, 2012
Numerators          
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. $ (43,885) $ (9,495) $ (25,619) $ 31,844  
Dividends on preferred stock (3,850) (3,850) (7,700) (7,700) (15,400)
Undistributed earnings allocated to participating securities 0 0 0 (766)  
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders—Basic (47,735) (13,345) (33,319) 23,378  
Undistributed earnings allocated to participating securities 0 0 0 766  
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders—Diluted (47,735) (13,345) (33,319) 24,144  
Net earnings (loss) attributable to Forest City Enterprises, Inc. (43,717) 9,358 (20,965) 55,701  
Undistributed earnings allocated to participating securities 0 (610) 0 (1,523)  
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders—Basic (47,567) 4,898 (28,665) 46,478  
Undistributed earnings allocated to participating securities 0 0 0 1,523  
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders - Diluted $ (47,567) $ 4,898 $ (28,665) $ 48,001  
Denominators          
Weighted average shares outstanding - Basic 169,454,672 168,788,754 169,331,996 167,171,093  
Effect of stock options and restricted stock 0 0 0 1,036,656  
Weighted average shares outstanding - Diluted 169,454,672 [1] 168,788,754 [1] 169,331,996 [1] 168,207,749 [1]  
Basic and diluted earnings (loss) per common share          
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders - Basic $ (0.28) $ (0.08) $ (0.20) $ 0.14  
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders - Diluted $ (0.28) $ (0.08) $ (0.20) $ 0.14  
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders - Basic $ (0.28) $ 0.03 $ (0.17) $ 0.28  
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders - Diluted $ (0.28) $ 0.03 $ (0.17) $ 0.29  
[1] Incremental shares from dilutive options, restricted stock and convertible securities aggregating 52,436,282 and 52,535,035 for the three and six months ended July 31, 2012, respectively, and 39,129,204 for the three months ended July 31, 2011, were not included in the computation of diluted EPS because their effect is anti-dilutive due to loss from continuing operations. Weighted average shares issuable upon the conversion of preferred stock, Class A Common Stock Units, and 2014, 2016 and 2018 Senior Notes aggregating 38,263,518 for the six months ended July 31, 2011 were not included in the computation of diluted EPS because their effect is anti-dilutive under the if-converted method. Weighted-average options, restricted stock and performance shares of 4,474,149 and 4,479,739 for the three and six months ended July 31, 2012, respectively, and 3,611,087 and 3,527,106 for the three and six months ended July 31, 2011, respectively, were not included in the computation of diluted EPS because their effect is anti-dilutive under the treasury stock method.