The following is a reconciliation of the numerators and denominators of the Basic and Diluted earnings per common share computations for the three months ended February 28, 2013 (in thousands, except per share amounts):


	Predecessor
	Three Months Ended February 28, 2013
Earnings for basic earnings per common share:
Net earnings	$	90,842
Net earnings to noncontrolling interests		10,704

Net earnings to common shareholders		80,138
Less: Allocation of earnings to participating securities (1)		5,890

Net earnings available to common shareholders	$	74,248

Earnings for diluted earnings per common share:
Net earnings	$	90,842
Net earnings to noncontrolling interests		10,704

Net earnings to common shareholders		80,138
Add: Mandatorily redeemable convertible preferred stock dividends		1,016
Less: Allocation of earnings to participating securities (1)		5,882

Net earnings available to common shareholders	$	75,272

Shares:
Average common shares used in basic computation		213,732
Stock options		2
Mandatorily redeemable convertible preferred stock		4,110
Convertible debt		—

Average common shares used in diluted computation		217,844

Earnings per common share:
Basic	$	0.35
Diluted	$	0.35

(1)

Represents dividends declared during the period on participating securities plus an allocation of undistributed earnings to participating securities. Net losses are not allocated to participating securities. Participating securities represent restricted stock and restricted stock units for which requisite service has not yet been rendered and amounted to weighted average shares of 16,756,000 for the three months ended February 28, 2013. Dividends declared on participating securities during the three months ended February 28, 2013 amounted to approximately $1.3 million. Undistributed earnings are allocated to participating securities based upon their right to share in earnings if all earnings for the period had been distributed.