XML 54 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

The Company applies ASC 260, Earnings Per Share, which requires companies to present basic EPS and diluted EPS.  Reconciliation of the numerators and denominators in the basic and diluted EPS computations is as follows:
 
2012
 
2011
 
2010
(In thousands)
BASIC EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO
EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
 
 
 
 
 
  Numerator – net income attributable to common stockholders
$
32,384

 
22,359

 
18,325

  Denominator – weighted average shares outstanding
28,577

 
26,897

 
26,752

DILUTED EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE
TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
 
 
 
 
 
  Numerator – net income attributable to common stockholders
$
32,384

 
22,359

 
18,325

Denominator:
 
 
 
 
 
    Weighted average shares outstanding 
28,577

 
26,897

 
26,752

    Common stock options 
3

 
6

 
11

    Unvested restricted stock 
97

 
68

 
61

       Total Shares 
28,677

 
26,971

 
26,824