| Earnings per share (EPS) |
| 3. |
Earnings per share
(EPS) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended
September 30, 2012 |
|
| |
|
Income
(Numerator) |
|
|
Shares
(Denominator) |
|
|
Per-Share
Amount |
|
|
Basic EPS
|
|
$ |
10,936,000 |
|
|
|
118,109,214 |
|
|
$ |
0.09 |
|
|
Effect of dilutive
securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Restricted stock
|
|
|
|
|
|
|
1,091,805 |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted EPS
|
|
$ |
10,936,000 |
|
|
|
119,201,019 |
|
|
$ |
0.09 |
|
|
|
| |
|
Nine Months Ended September
30, 2012 |
|
| |
|
Income
(Numerator) |
|
|
Shares
(Denominator) |
|
|
Per-Share
Amount |
|
|
Basic EPS
|
|
$ |
57,411,000 |
|
|
|
117,458,365 |
|
|
$ |
0.49 |
|
|
Effect of dilutive
securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Restricted stock
|
|
|
|
|
|
|
1,351,830 |
|
|
$ |
(0.01 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted EPS
|
|
$ |
57,411,000 |
|
|
|
118,810,195 |
|
|
$ |
0.48 |
|
|
|
| |
|
Three Months Ended
September 30, 2011 |
|
| |
|
Income
(Numerator) |
|
|
Shares
(Denominator) |
|
|
Per-Share
Amount |
|
|
Basic EPS
|
|
$ |
20,725,000 |
|
|
|
116,416,011 |
|
|
$ |
0.18 |
|
|
Effect of dilutive
securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock options and
restricted stock
|
|
|
|
|
|
|
1,009,753 |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted EPS
|
|
$ |
20,725,000 |
|
|
|
117,425,764 |
|
|
$ |
0.18 |
|
|
|
| |
|
Nine Months Ended September
30, 2011 |
|
| |
|
Income
(Numerator) |
|
|
Shares
(Denominator) |
|
|
Per-Share
Amount |
|
|
Basic EPS
|
|
$ |
39,727,000 |
|
|
|
115,899,959 |
|
|
$ |
0.34 |
|
|
Effect of dilutive
securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock options and
restricted stock
|
|
|
|
|
|
|
1,012,408 |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted EPS
|
|
$ |
39,727,000 |
|
|
|
116,912,367 |
|
|
$ |
0.34 |
|
There were no
options outstanding during the three and nine month periods ended
September 30, 2012. All options outstanding during the three
and nine months ended September 30, 2011 were included in the
computation of diluted EPS as the options’ exercise prices
were less than the average market price of the common
shares.
|