XML 39 R22.htm IDEA: XBRL DOCUMENT v3.6.0.2
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

The Company applies ASC 260, Earnings Per Share, which requires companies to present basic and diluted EPS.  Reconciliation of the numerators and denominators in the basic and diluted EPS computations is as follows:
 
2016
 
2015
 
2014
(In thousands)
BASIC EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO
EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
 
 
 
 
 
  Numerator – net income attributable to common stockholders
$
95,509

 
47,866

 
47,941

  Denominator – weighted average shares outstanding
32,563

 
32,091

 
31,341

DILUTED EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE
TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
 
 
 
 
 
  Numerator – net income attributable to common stockholders
$
95,509

 
47,866

 
47,941

Denominator:
 
 
 
 
 
    Weighted average shares outstanding 
32,563

 
32,091

 
31,341

    Unvested restricted stock 
65

 
105

 
111

       Total Shares 
32,628

 
32,196

 
31,452