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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2017
EARNINGS PER SHARE  
Summary of EPS calculations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

(In thousands, except per share amounts)

  

2017

 

2016

 

2017

  

2016

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

10,516

 

$

7,996

 

$

19,295

 

$

158,731

Net income attributable to noncontrolling interests

 

 

(12)

 

 

(23)

 

 

(12)

 

 

(23)

Net income attributable to common stockholders

 

$

10,504

 

$

7,973

 

$

19,283

 

$

158,708

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic common shares outstanding

 

$

42,845

 

$

39,502

 

$

40,860

 

$

39,489

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

$

10,504

 

$

7,973

 

$

19,283

 

$

158,708

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic common shares outstanding

 

 

42,845

 

 

39,502

 

 

40,860

 

 

39,489

Restricted stock and stock options

 

 

420

 

 

366

 

 

455

 

 

338

Warrants

 

 

 2

 

 

2,892

 

 

1,783

 

 

2,892

Weighted average diluted common shares outstanding

 

 

43,267

 

 

42,760

 

 

43,098

 

 

42,719

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income per share:

 

$

0.25

 

$

0.20

 

$

0.47

 

$

4.02

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted income per share:

 

$

0.24

 

$

0.19

 

$

0.45

 

$

3.72