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Earnings Per Common Share Attributable To Avista Corporation
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Common Share Attributable To Avista Corporation Shareholders
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO AVISTA CORP. SHAREHOLDERS
The following table presents the computation of basic and diluted earnings per common share attributable to Avista Corp. shareholders for the three and six months ended June 30 (in thousands, except per share amounts):
 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations attributable to Avista Corp. shareholders
$
31,254

 
$
24,212

 
$
78,730

 
$
65,432

Net income from discontinued operations attributable to Avista Corp. shareholders
69,617

 
1,445

 
70,640

 
2,566

Subsidiary earnings adjustment for dilutive securities (discontinued operations)
58

 
(39
)
 
5

 
(82
)
Adjusted net income from discontinued operations attributable to Avista Corp. shareholders for computation of diluted earnings per common share
$
69,675

 
$
1,406

 
$
70,645

 
$
2,484

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding-basic
60,184

 
59,937

 
60,153

 
59,926

Effect of dilutive securities:
 
 
 
 
 
 
 
Performance and restricted stock awards
279

 
25

 
163

 
28

Weighted-average number of common shares outstanding-diluted
60,463

 
59,962

 
60,316

 
59,954

Earnings per common share attributable to Avista Corp. shareholders, basic:
 
 
 
 
 
 
 
Earnings per common share from continuing operations
$
0.52

 
$
0.40

 
$
1.31

 
$
1.09

Earnings per common share from discontinued operations
$
1.16

 
$
0.03

 
$
1.17

 
$
0.04

Total earnings per common share attributable to Avista Corp. shareholders, basic
$
1.68

 
$
0.43

 
$
2.48

 
$
1.13

Earnings per common share attributable to Avista Corp. shareholders, diluted:
 
 
 
 
 
 
 
Earnings per common share from continuing operations
$
0.52

 
$
0.40

 
$
1.31

 
$
1.09

Earnings per common share from discontinued operations
$
1.15

 
$
0.03

 
$
1.17

 
$
0.04

Total earnings per common share attributable to Avista Corp. shareholders, diluted
$
1.67

 
$
0.43

 
$
2.48

 
$
1.13

There were no shares excluded from the calculation because they were antidilutive.