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 September 30:
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Basic EPS
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Income from continuing operations, net of taxes
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$ |
13,264 |
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31,708,581 |
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$ |
0.42 |
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$ |
10,315 |
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31,621,049 |
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$ |
0.33 |
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Income from discontinued operations, net of taxes
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— |
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31,708,581 |
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— |
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70 |
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31,621,049 |
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— |
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Basic EPS
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$ |
13,264 |
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31,708,581 |
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$ |
0.42 |
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$ |
10,385 |
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31,621,049 |
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$ |
0.33 |
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Effect of dilutive securities - options, warrants and unvested
restricted stock
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— |
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292,838 |
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— |
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— |
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111,955 |
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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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$ |
13,264 |
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32,001,419 |
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$ |
0.41 |
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$ |
10,315 |
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31,733,004 |
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$ |
0.33 |
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Income from discontinued operations, net of taxes
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— |
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32,001,419 |
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— |
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70 |
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31,733,004 |
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— |
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Diluted EPS
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$ |
13,264 |
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32,001,419 |
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$ |
0.41 |
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$ |
10,385 |
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31,733,004 |
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$ |
0.33 |
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Nine months ended September 30:
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Basic EPS
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Income from continuing operations, net of taxes
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$ |
35,764 |
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31,683,288 |
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$ |
1.13 |
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$ |
29,769 |
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31,583,897 |
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$ |
0.94 |
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(Loss) income from discontinued operations, net of taxes
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(444 |
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31,683,288 |
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(0.02 |
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161 |
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31,583,897 |
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0.01 |
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Basic EPS
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$ |
35,320 |
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31,683,288 |
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$ |
1.11 |
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$ |
29,930 |
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31,583,897 |
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$ |
0.95 |
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Effect of dilutive securities - options, warrants and unvested
restricted stock
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— |
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284,588 |
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— |
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— |
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68,898 |
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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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$ |
35,764 |
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31,967,876 |
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$ |
1.12 |
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$ |
29,769 |
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31,652,795 |
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$ |
0.94 |
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(Loss) income from discontinued operations, net of taxes
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(444 |
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31,967,876 |
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(0.02 |
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161 |
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31,652,795 |
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0.01 |
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Diluted EPS
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$ |
35,320 |
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31,967,876 |
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$ |
1.10 |
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$ |
29,930 |
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31,652,795 |
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$ |
0.95 |
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