Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v2.4.0.8
EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2014
EARNINGS PER SHARE [Abstract]  
Reconciliation of the Denominators of the Basic and Diluted EPS Computations

The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three and six months ended June 30, 2014 and 2013 (in thousands except per share data):

 

 

 

 

 

 

 

 

 

 

 

Net Income Available to Common Shareholders (Numerator)

 

Weighted Average Common Shares (Denominator)

 

Per Share Amount

For the Three Months ended June 30, 2014

 

 

 

 

 

 

 

Net income, basic

$
14,780 

 
46,195 

 

$  

       0.32

Add: potentially dilutive common shares - stock awards

 

 -

 
102 

 

 

 -

Diluted

$
14,780 

 

                  46,297

 

$

       0.32

 

 

 

 

 

 

 

 

For the Three Months ended June 30, 2013

 

 

 

 

 

 

 

Net income, basic

$
9,463 

 
24,722 

 

$
0.38 

Add: potentially dilutive common shares - stock awards

 

 -

 
80 

 

 

 -

Diluted

$
9,463 

 
24,802 

 

$
0.38 

 

 

 

 

 

 

 

 

For the Six Months ended June 30, 2014

 

 

 

 

 

 

 

Net income, basic

$
22,595 

 
46,584 

 

$

       0.49

Add: potentially dilutive common shares - stock awards

 

 -

 
103 

 

 
(0.01)

Diluted

$
22,595 

 

                  46,687

 

$
0.48 

 

 

 

 

 

 

 

 

For the Six Months ended June 30, 2013

 

 

 

 

 

 

 

Net income, basic

$
18,446 

 
24,892 

 

$
0.74 

Add: potentially dilutive common shares - stock awards

 

 -

 
78 

 

 

 -

Diluted

$
18,446 

 
24,970 

 

$
0.74