EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2015

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

(13) EARNINGS PER SHARE

The following table illustrates our computations of basic and diluted net income per share.

	Year Ended December 31,
	2015		2014		2013
	(in thousands, except per share data)
Net income attributable to Federated National Holding Company shareholders	$	40,885	$	37,199	$	12,727
Weighted average number of common shares outstanding - basic		13,729		12,082		8,506
Net income per share - basic	$	2.98	$	3.08	$	1.50
Weighted average number of common shares outstanding - basic		13,729		12,082		8,506
Dilutive effect of stock compensation plans		268		356		266
Weighted average number of common shares outstanding - diluted		13,997		12,438		8,772
Net income per share - diluted	$	2.92	$	2.99	$	1.45
Dividends per share	$	0.18	$	0.13	$	0.11