Earnings Per Common Share Attributable To Avista Corporation

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Common Share Attributable To Avista Corporation

EARNINGS PER COMMON SHARE ATTRIBUTABLE TO AVISTA CORPORATION SHAREHOLDERS

The following table presents the computation of basic and diluted earnings per common share attributable to Avista Corporation shareholders for the years ended December 31 (in thousands, except per share amounts):

	2013			2012			2011
Numerator:
Net income attributable to Avista Corporation shareholders	$	111,077		$	78,210		$	100,224
Subsidiary earnings adjustment for dilutive securities	(229		)	(38		)	(473		)
Adjusted net income attributable to Avista Corporation shareholders for computation of diluted earnings per common share	$	110,848		$	78,172		$	99,751
Denominator:
Weighted-average number of common shares outstanding-basic	59,960			59,028			57,872
Effect of dilutive securities:
Performance and restricted stock awards	37			162			172
Stock options	—			11			48
Weighted-average number of common shares outstanding-diluted	59,997			59,201			58,092
Earnings per common share attributable to Avista Corporation shareholders:
Basic	$	1.85		$	1.32		$	1.73
Diluted	$	1.85		$	1.32		$	1.72

There were no shares excluded from the calculation because they were antidilutive. All stock options had exercise prices which were less than the average market price of Avista Corp. common stock during the respective period.