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Earnings Per Share
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share


The following table details the earnings per share calculation:
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Numerator: (for both basic and diluted earnings per share)
 
 
 
 
 
 
 
Income from continuing operations before non-controlling interests
$
3,878

 
$
3,420

 
$
7,637

 
$
5,469

Less: net income attributable to non-controlling interests
602

 
185

 
1,463

 
1,003

Net income from continuing operations - net of tax
3,276

 
3,235

 
6,174

 
4,466

Discontinued operations - net of tax

 
1,207

 

 
2,469

Net income attributable to Fortegra Financial Corporation
$
3,276

 
$
4,442

 
$
6,174

 
$
6,935

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Total weighted average basic common shares outstanding
19,745,115

 
19,540,610

 
19,698,444

 
19,548,632

Effect of dilutive stock options and restricted stock awards
695,018

 
982,480

 
765,485

 
1,035,319

Total weighted average diluted common shares outstanding
20,440,133

 
20,523,090

 
20,463,929

 
20,583,951

 
 
 
 
 
 
 
 
Earnings per share - Basic:
 
 
 
 
 
 
 
Net income from continuing operations - net of tax
$
0.17

 
$
0.17

 
$
0.31

 
$
0.23

Discontinued operations - net of tax

 
0.06

 

 
0.13

Net income attributable to Fortegra Financial Corporation
$
0.17

 
$
0.23

 
$
0.31

 
$
0.36

 
 
 
 
 
 
 
 
Earnings per share - Diluted:
 
 
 
 
 
 
 
Net income from continuing operations - net of tax
$
0.16

 
$
0.16

 
$
0.30

 
$
0.22

Discontinued operations - net of tax

 
0.06

 

 
0.12

Net income attributable to Fortegra Financial Corporation
$
0.16

 
$
0.22

 
$
0.30

 
$
0.34

 
 
 
 
 
 
 
 
Weighted average anti-dilutive common shares
515,768

 
887,046

 
505,207

 
763,909