Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v2.4.1.9
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2014
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, 2014, 2013 and 2012:
 
Year Ended December 31,
(in thousands, except share data)
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
Net income from continuing operations
$
167,139

 
$
575,040

 
$
287,416

Income (loss) from discontinued operations
—

 
3,999

 
4,490

Net income
$
167,139

 
$
579,039

 
$
291,906

Denominator:
 
 
 
 
 
Weighted average common shares outstanding
364,181,059

 
349,741,902

 
241,975,433

Weighted average restricted stock shares
1,830,796

 
619,925

 
39,318

Basic weighted average shares outstanding
366,011,855

 
350,361,827

 
242,014,751

Dilutive weighted average warrants
—

 
630,560

 
417,405

Diluted weighted average shares outstanding
366,011,855

 
350,992,387

 
242,432,156

Basic Earnings (Loss) Per Share:
 
 
 
 
 
Continuing operations
$
0.46

 
$
1.64

 
$
1.19

Discontinued operations
—

 
0.01

 
0.02

Net income
$
0.46

 
$
1.65

 
$
1.21

Diluted Earnings (Loss) Per Share:
 
 
 
 
 
Continuing operations
$
0.46

 
$
1.64

 
$
1.18

Discontinued operations
—

 
0.01

 
0.02

Net income
$
0.46

 
$
1.65

 
$
1.20