Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v2.4.0.8
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted earnings per share, or EPS, for the years ended December 31, 2013, 2012 and 2011:
 
Year Ended December 31,
(in thousands, except share data)
2013
 
2012
 
2011
Numerator:
 
 
 
 
 
Net income from continuing operations
$
575,040

 
$
287,416

 
$
127,521

Income (loss) from discontinued operations
3,999

 
4,490

 
(89
)
Net income attributable to common stockholders
$
579,039

 
$
291,906

 
$
127,432

Denominator:
 
 
 
 
 
Weighted average common shares outstanding
349,741,902

 
241,975,433

 
98,771,248

Weighted average restricted stock shares
619,925

 
39,318

 
55,620

Basic weighted average shares outstanding
350,361,827

 
242,014,751

 
98,826,868

Dilutive weighted average warrants
630,560

 
417,405

 
—

Diluted weighted average shares outstanding
350,992,387

 
242,432,156

 
98,826,868

Basic Earnings (Loss) Per Share:
 
 
 
 
 
Continuing operations
$
1.64

 
$
1.19

 
$
1.29

Discontinued operations
0.01

 
0.02

 
—

Net income
$
1.65

 
$
1.21

 
$
1.29

Diluted Earnings (Loss) Per Share:
 
 
 
 
 
Continuing operations
$
1.64

 
$
1.18

 
$
1.29

Discontinued operations
0.01

 
0.02

 
—

Net income
$
1.65

 
$
1.20

 
$
1.29