EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2016

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

(11) EARNINGS PER SHARE

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

	Three Months Ended March 31,
	2016		2015
	(in thousands, except per share data)
Net income attributable to Federated National Holding Company shareholders	$	9,535	$	9,284
Weighted average number of common shares outstanding - basic		13,826		13,656
Net income per share - basic	$	0.69	$	0.68
Weighted average number of common shares outstanding - basic		13,826		13,656
Dilutive effect of stock compensation plans	$	218	$	320
Weighted average number of common shares outstanding - diluted		14,044		13,976
Net income per share - diluted	$	0.68	$	0.66
Dividends per share	$	0.05	$	0.04