| Reconciliation of Components Used to Derive Basic and Diluted EPS |
The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated:
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|
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|
|
|
Three Months Ended |
|
Nine Months Ended |
|
(in thousands, except for share and per share data) |
September 30, 2015 |
|
|
|
Basic EPS |
|
|
|
Net income |
$ |
13,959 |
|
|
$ |
38,997 |
|
Less: income allocated to unvested restricted shares |
78 |
|
|
78 |
|
Income allocated to common shares |
13,881 |
|
|
38,919 |
|
Weighted-average shares for basic EPS |
31,799,573 |
|
|
31,774,047 |
|
Basic EPS |
$ |
0.44 |
|
|
$ |
1.22 |
|
Diluted EPS |
|
|
|
Income allocated to common shares |
$ |
13,881 |
|
|
$ |
38,919 |
|
Weighted-average shares for diluted EPS |
31,909,808 |
|
|
31,855,024 |
|
Diluted EPS |
$ |
0.44 |
|
|
$ |
1.22 |
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|
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|
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|
|
|
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|
|
|
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|
|
|
|
Three Months Ended |
|
Nine Months Ended |
|
Net Income (Numerator)
|
|
Weighted-Average Shares (Denominator)
|
|
Per Share Amount |
|
Net Income (Numerator)
|
|
Weighted-Average Shares (Denominator)
|
|
Per Share Amount |
|
(in thousands, except share and per share data) |
September 30, 2014 |
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|
|
|
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|
|
|
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|
|
Basic EPS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations, net of tax |
$ |
21,800 |
|
|
31,708,581 |
|
|
$ |
0.69 |
|
|
$ |
44,276 |
|
|
31,683,288 |
|
|
$ |
1.39 |
|
Income from discontinued operations, net of tax |
— |
|
|
31,708,581 |
|
|
— |
|
|
(444 |
) |
|
31,683,288 |
|
|
(0.01 |
) |
Basic EPS |
$ |
21,800 |
|
|
31,708,581 |
|
|
$ |
0.69 |
|
|
$ |
43,832 |
|
|
31,683,288 |
|
|
$ |
1.38 |
|
Effect of dilutive securities - options and unvested restricted stock |
|
|
292,838 |
|
|
|
|
|
|
284,588 |
|
|
|
Diluted EPS |
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations, net of tax |
$ |
21,800 |
|
|
32,001,419 |
|
|
$ |
0.68 |
|
|
$ |
44,276 |
|
|
31,967,876 |
|
|
$ |
1.39 |
|
Income from discontinued operations, net of tax |
— |
|
|
32,001,419 |
|
|
— |
|
|
(444 |
) |
|
31,967,876 |
|
|
(0.01 |
) |
Diluted EPS |
$ |
21,800 |
|
|
32,001,419 |
|
|
$ |
0.68 |
|
|
$ |
43,832 |
|
|
31,967,876 |
|
|
$ |
1.38 |
|
|