Earnings per Common Share |
23. Earnings per Common Share The following table presents the computation of basic and diluted earnings per common share (in thousands, except per share data). | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2021 | | 2020 | | 2021 | | 2020 | Basic earnings per share: | | | | | | | | | | | | | Income from continuing operations | | $ | 92,906 | | $ | 152,543 | | $ | 312,310 | | $ | 296,729 | Income from discontinued operations | | | — | | | 736 | | | — | | | 34,662 | Income attributable to Hilltop | | $ | 92,906 | | $ | 153,279 | | $ | 312,310 | | $ | 331,391 | | | | | | | | | | | | | | Weighted average shares outstanding - basic | | | 80,109 | | | 90,200 | | | 81,306 | | | 90,291 | | | | | | | | | | | | | | Basic earnings per common share: | | | | | | | | | | | | | Income from continuing operations | | $ | 1.16 | | $ | 1.69 | | $ | 3.84 | | $ | 3.29 | Income from discontinued operations | | | — | | | 0.01 | | | — | | | 0.38 | | | $ | 1.16 | | $ | 1.70 | | $ | 3.84 | | $ | 3.67 | Diluted earnings per share: | | | | | | | | | | | | | Income from continuing operations | | $ | 92,906 | | $ | 152,543 | | $ | 312,310 | | $ | 296,729 | Income from discontinued operations | | | — | | | 736 | | | — | | | 34,662 | Income attributable to Hilltop | | $ | 92,906 | | $ | 153,279 | | $ | 312,310 | | $ | 331,391 | | | | | | | | | | | | | | Weighted average shares outstanding - basic | | | 80,109 | | | 90,200 | | | 81,306 | | | 90,291 | Effect of potentially dilutive securities | | | 433 | | | — | | | 457 | | | — | Weighted average shares outstanding - diluted | | | 80,542 | | | 90,200 | | | 81,763 | | | 90,291 | | | | | | | | | | | | | | Diluted earnings per common share: | | | | | | | | | | | | | Income from continuing operations | | $ | 1.15 | | $ | 1.69 | | $ | 3.82 | | $ | 3.29 | Income from discontinued operations | | | — | | | 0.01 | | | — | | | 0.38 | | | $ | 1.15 | | $ | 1.70 | | $ | 3.82 | | $ | 3.67 |
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