The following tables present the computations of basic and diluted EPS:



	Three months ended March 31,
	2014			2013
	(In thousands, except share and per share data)
Basic earnings per share - Numerator:
Net income from continuing operations	$	16,349		$	12,411
Less: Net income attributable to noncontrolling interests	1,236			930
Net income from continuing operations attributable to the Company	15,113			11,481
Decrease/ (increase) in noncontrolling interests’ redemption values (1)	(116		)	(15		)
Dividends on participating and preferred securities	(945		)	(442		)
Total adjustments to income attributable to common shareholders	(1,061		)	(457		)
Net income from continuing operations attributable to common shareholders, before allocation to participating securities	14,052			11,024
Less: Amount allocated to participating securities	(94		)	(731		)
Net income from continuing operations attributable to common shareholders, after allocation to participating securities	$	13,958		$	10,293
Net income from discontinued operations, before allocation to participating securities	$	1,928		$	1,722
Less: Amount allocated to participating securities	(23		)	(177		)
Net income from discontinued operations, after allocation to participating securities	$	1,905		$	1,545
Net income attributable to common shareholders, before allocation to participating securities	$	15,980		$	12,746
Less: Amount allocated to participating securities	(117		)	(908		)
Net income attributable to common shareholders, after allocation to participating securities	$	15,863		$	11,838

Basic earnings per share - Denominator:
Weighted average basic common shares outstanding	78,145,185			76,818,610
Per share data - Basic earnings per share from:
Continuing operations	$	0.18		$	0.13
Discontinued operations	$	0.02		$	0.02
Total attributable to common shareholders	$	0.20		$	0.15



	Three months ended March 31,
	2014		2013
	(In thousands, except share and per share data)
Diluted earnings per share - Numerator:
Net income from continuing operations attributable to common shareholders, after allocation to participating securities	$	13,958	$	10,293
Add back: income allocated to dilutive securities	—		—
Net income from continuing operations attributable to common shareholders, after allocation to participating securities, after assumed dilution	13,958		10,293
Net income from discontinued operations, after allocation to participating securities	1,905		1,545
Net income attributable to common shareholders, after allocation to participating securities, after assumed dilution	$	15,863	$	11,838
Diluted earnings per share - Denominator:
Weighted average basic common shares outstanding	78,145,185		76,818,610
Dilutive effect of:
Stock options and performance-based restricted stock (2)	703,452		561,128
Warrants to purchase common stock (2)	1,162,253		445,692
Dilutive common shares	1,865,705		1,006,820
Weighted average diluted common shares outstanding (2)	80,010,890		77,825,430
Per share data - Diluted earnings per share from:
Continuing operations	$	0.18	$	0.13
Discontinued operations	$	0.02	$	0.02
Total attributable to common shareholders	$	0.20	$	0.15
Dividends per share declared and paid on common stock	$	0.08	$	0.05

_____________________

(1)

See Part II. Item 8. “Financial Statements and Supplementary Data—Note 14: Noncontrolling Interests” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for a description of the redemption values related to the redeemable noncontrolling interests. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”), an increase in redemption value from period to period reduces income attributable to common shareholders. Decreases in redemption value from period to period increase income attributable to common shareholders, but only to the extent that the cumulative change in redemption value remains a cumulative increase since adoption of this standard in the first quarter of 2009.


(2)	The diluted EPS computations for the three months ended March 31, 2014 and 2013 do not assume the conversion, exercise, or contingent issuance of the following shares for these periods because the result would have been anti-dilutive for the periods indicated. As a result of the anti-dilution, the potential common shares excluded from the diluted EPS computation are as follows:



	Three months ended March 31,
	2014	2013
Shares excluded due to exercise price exceeding the average market price of common shares during the period (total outstanding):	(In thousands)
Potential common shares from:
Stock options or other dilutive securities (a)	951	1,627
Total shares excluded due to exercise price exceeding the average market price of common shares during the period	951	1,627


(a)	Options to purchase shares of common stock and other dilutive securities that were outstanding at period ends were not included in the computation of diluted EPS or in the above anti-dilution table because their exercise or conversion prices were greater than the average market price of the common shares during the respective periods.