Earnings Per Common Share Attributable To Avista Corporation

9 Months Ended

Sep. 30, 2016

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 nine months ended September 30 (in thousands, except per share amounts):

	Three months ended				Nine months ended
	September 30,				September 30,
	2016		2015		2016		2015
Numerator:
Net income from continuing operations attributable to Avista Corp. shareholders	$	12,234	$	12,722	$	97,137	$	84,221
Net income from discontinued operations attributable to Avista Corp. shareholders	—		289		—		485
Denominator:
Weighted-average number of common shares outstanding-basic	63,857		62,299		63,282		62,299
Effect of dilutive securities:
Performance and restricted stock awards	468		389		405		392
Weighted-average number of common shares outstanding-diluted	64,325		62,688		63,687		62,691
Earnings per common share attributable to Avista Corp. shareholders, basic:
Earnings per common share from continuing operations	$	0.19	$	0.21	$	1.53	$	1.35
Earnings per common share from discontinued operations	$	—	$	—	$	—	$	0.01
Total earnings per common share attributable to Avista Corp. shareholders, basic	$	0.19	$	0.21	$	1.53	$	1.36
Earnings per common share attributable to Avista Corp. shareholders, diluted:
Earnings per common share from continuing operations	$	0.19	$	0.21	$	1.53	$	1.34
Earnings per common share from discontinued operations	$	—	$	—	$	—	$	0.01
Total earnings per common share attributable to Avista Corp. shareholders, diluted	$	0.19	$	0.21	$	1.53	$	1.35

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