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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Common Share [Abstract]  
Basic and diluted earnings per share computations

The following table presents the Company’s basic and diluted earnings per share computations:

 

                                 
    For the three months
ended September 30,
    For the nine months
ended September 30,
 

(In thousands, except per share amounts)

  2012     2011     2012     2011  

Net income from continuing operations before noncontrolling interests

  $ 838     $ 7,295     $ 4,888     $ 13,631  

Less: Income attributable to noncontrolling interests

    179       178       585       814  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net income from continuing operations attributable to Michael Baker Corporation

    659       7,117       4,303       12,817  

Net income from discontinued operations, net of tax

    322       116       822       101  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to Michael Baker Corporation

  $ 981     $ 7,233     $ 5,125     $ 12,918  
   

 

 

   

 

 

   

 

 

   

 

 

 
     
    For the three months
ended September 30,
    For the nine months
ended September 30,
 

(In thousands, except per share amounts)

  2012     2011     2012     2011  

Basic:

                               

Weighted average shares outstanding

    9,390       9,324       9,375       9,284  

Earnings per share:

                               

Continuing operations

  $ 0.07     $ 0.76     $ 0.46     $ 1.38  

Discontinued operations

    0.04       0.01       0.09       0.01  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 0.11     $ 0.77     $ 0.55     $ 1.39  
         

Diluted:

                               

Effect of dilutive securities - contingently issuable shares and stock options

    256       10       240       22  

Weighted average shares outstanding

    9,646       9,334       9,615       9,306  

Earnings per share:

                               

Continuing operations

  $ 0.07     $ 0.76     $ 0.45     $ 1.38  

Discontinued operations

    0.03       0.01       0.08       0.01  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 0.10     $ 0.77     $ 0.53     $ 1.39