Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v2.4.0.6
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2012
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, 2012, 2011 and 2010:
 
Year Ended December 31,
(in thousands, except share data)
2012
 
2011
 
2010
Numerator:
 
 
 
 
 
Net income from continuing operations
$
287,416

 
$
127,521

 
$
35,755

Income (loss) from discontinued operations
4,490

 
(89
)
 
—

Net income attributable to common stockholders
$
291,906

 
$
127,432

 
$
35,755

Denominator:
 
 
 
 
 
Weighted average common shares outstanding
241,975,433

 
98,771,248

 
22,340,975

Weighted average restricted stock shares
39,318

 
55,620

 
40,708

Basic weighted average shares outstanding
242,014,751

 
98,826,868

 
22,381,683

Dilutive weighted average warrants
417,405

 
—

 
—

Diluted weighted average shares outstanding
242,432,156

 
98,826,868

 
22,381,683

Basic Earnings (Loss) Per Share:
 
 
 
 
 
Continuing operations
$
1.19

 
$
1.29

 
$
1.60

Discontinued operations
0.02

 
—

 
—

Net income
$
1.21

 
$
1.29

 
$
1.60

Diluted Earnings (Loss) Per Share:
 
 
 
 
 
Continuing operations
$
1.18

 
$
1.29

 
$
1.60

Discontinued operations
0.02

 
—

 
—

Net income
$
1.20

 
$
1.29

 
$
1.60