XML 49 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table summarizes the Company’s computation of basic and diluted earnings per share (EPS) for the years ended December 31, 2013, 2012 and 2011 (amounts in thousands except per share information):
 
Year Ended December 31, 2013
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
175,637

 
 
 
 
Less: preferred dividend requirements
(23,806
)
 
 
 
 
Income from continuing operations available to common shareholders
$
151,831

 
48,028

 
$
3.16

Income from discontinued operations available to common shareholders
$
4,589

 
48,028

 
$
0.10

Net income available to common shareholders
$
156,420

 
48,028

 
$
3.26

Diluted EPS:
 
 
 
 
 
Income from continuing operations available to common shareholders
$
151,831

 
48,028

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options
—

 
186

 
 
Income from continuing operations available to common shareholders
$
151,831

 
48,214

 
$
3.15

Income from discontinued operations available to common shareholders
$
4,589

 
48,214

 
$
0.09

Net income available to common shareholders
$
156,420

 
48,214

 
$
3.24


 
Year Ended December 31, 2012
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
141,906

 
 
 
 
Less: preferred dividend requirements and redemption costs
(28,396
)
 
 
 
 
Noncontrolling interest adjustments
(108
)
 
 
 
 
Income from continuing operations available to common shareholders
$
113,402

 
46,798

 
$
2.42

Loss from discontinued operations available to common shareholders
$
(20,242
)
 
46,798

 
$
(0.43
)
Net income available to common shareholders
$
93,160

 
46,798

 
$
1.99

Diluted EPS:
 
 
 
 
 
Income from continuing operations available to common shareholders
$
113,402

 
46,798

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options
—

 
251

 
 
Income from continuing operations available to common shareholders
$
113,402

 
47,049

 
$
2.41

Loss from discontinued operations available to common shareholders
$
(20,242
)
 
47,049

 
$
(0.43
)
Net income available to common shareholders
$
93,160

 
47,049

 
$
1.98


 
Year Ended December 31, 2011
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
130,088

 
 
 
 
Less: preferred dividend requirements and redemption costs
(30,909
)
 
 
 
 
Noncontrolling interest adjustments
(38
)
 
 
 
 
Income from continuing operations available to common shareholders
$
99,141

 
46,640

 
$
2.13

Loss from discontinued operations available to common shareholders
$
(14,822
)
 
46,640

 
$
(0.32
)
Net income available to common shareholders
$
84,319

 
46,640

 
$
1.81

Diluted EPS:
 
 
 
 
 
Income from continuing operations available to common shareholders
$
99,141

 
46,640

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options
—

 
261

 
 
Income from continuing operations available to common shareholders
$
99,141

 
46,901

 
$
2.12

Loss from discontinued operations available to common shareholders
$
(14,822
)
 
46,901

 
$
(0.32
)
Net income available to common shareholders
$
84,319

 
46,901

 
$
1.80