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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2014 |
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2013 |
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(Numerator)
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(Denominator)
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(Numerator)
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(Denominator)
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Net
Income
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Weighted-
Average
Shares |
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Per
Share
Amount |
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Net
Income
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Weighted-
Average
Shares |
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Per
Share
Amount |
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(In thousands,
except share and per share data) |
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Three months ended June 30:
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Basic EPS
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Income from continuing operations, net of taxes
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$ |
11,509 |
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31,681,033 |
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$ |
0.36 |
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$ |
9,327 |
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31,590,760 |
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$ |
0.30 |
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(Loss) income from discontinued operations, net of taxes
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(467 |
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31,681,033 |
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(0.01 |
) |
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160 |
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31,590,760 |
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— |
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Basic EPS
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$ |
11,042 |
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31,681,033 |
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$ |
0.35 |
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$ |
9,487 |
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31,590,760 |
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$ |
0.30 |
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Effect of dilutive securities—options, warrants and unvested
restricted stock
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— |
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293,220 |
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— |
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— |
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65,228 |
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— |
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Diluted EPS
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Income from continuing operations, net of taxes
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$ |
11,509 |
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31,974,253 |
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$ |
0.36 |
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$ |
9,327 |
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31,655,988 |
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$ |
0.30 |
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(Loss) income from discontinued operations, net of taxes
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(467 |
) |
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31,974,253 |
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(0.01 |
) |
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160 |
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31,655,988 |
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— |
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Diluted EPS
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$ |
11,042 |
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31,974,253 |
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$ |
0.35 |
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$ |
9,487 |
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31,655,988 |
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$ |
0.30 |
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Six months ended June 30:
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Basic EPS
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Income from continuing operations, net of taxes
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$ |
22,477 |
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31,670,436 |
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$ |
0.71 |
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$ |
19,456 |
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31,565,013 |
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$ |
0.62 |
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(Loss) income from discontinued operations, net of taxes
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(444 |
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31,670,436 |
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(0.01 |
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89 |
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31,565,013 |
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— |
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Basic EPS
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$ |
22,033 |
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31,670,436 |
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$ |
0.70 |
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$ |
19,545 |
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31,565,013 |
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$ |
0.62 |
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Effect of dilutive securities—options, warrants and unvested
restricted stock
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— |
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279,877 |
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— |
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— |
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68,522 |
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— |
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Diluted EPS
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Income from continuing operations, net of taxes
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$ |
22,477 |
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31,950,313 |
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$ |
0.70 |
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$ |
19,456 |
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31,633,535 |
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$ |
0.62 |
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(Loss) income from discontinued operations, net of taxes
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(444 |
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31,950,313 |
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(0.01 |
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89 |
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31,633,535 |
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— |
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Diluted EPS
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$ |
22,033 |
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31,950,313 |
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$ |
0.69 |
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$ |
19,545 |
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31,633,535 |
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$ |
0.62 |
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