XML 27 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9
Capital Stock & Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of par value and shares authorized
Par value and shares authorized at December 31, 2014 were as follows:
 
 
Preferred Stock *
 
Common Stock
 
 
 
 
 
Par value
 
$
0.01

 
$
0.01

Shares authorized
 
300,000,000

 
2,000,000,000

                                      
*
No shares of preferred stock issued and outstanding at December 31, 2014 or 2013.
Schedule of changes in common shares issued and outstanding
Changes in shares of common stock issued and outstanding were as follows:
At or for the Years Ended December 31,
 
2014
 
2013
 
2012
 
 
 
 
 
 
 
Balance at beginning of period
 
114,832,895

 
100,000,000

 
100,000,000

Common shares issued
 

 
14,832,895

 

Balance at end of period
 
114,832,895

 
114,832,895

 
100,000,000

Schedule of shares issued and outstanding
The computation of earnings (loss) per share was as follows:
(dollars in thousands except earnings (loss) per share)

2014

2013

2012


 
 
 
 
 
Numerator (basic and diluted):

 
 
 
 
 
Net income (loss) attributable to Springleaf Holdings, Inc.

$
504,636

 
$
(19,301
)
 
$
(217,697
)
Denominator:

 
 
 
 
 
Weighted average number of shares outstanding (basic)

114,791,225

 
102,917,172

 
100,000,000

Effect of dilutive securities *

473,898





Weighted average number of shares outstanding (diluted)

115,265,123

 
102,917,172

 
100,000,000

Earnings (loss) per share:

 
 
 
 
 
Basic

$
4.40

 
$
(0.19
)
 
$
(2.18
)
Diluted

$
4.38

 
$
(0.19
)
 
$
(2.18
)
                                      
*
We have excluded 583,459 performance shares in the diluted earnings per share calculation for 2014, which could impact the earnings per share calculation in the future. Due to the net loss incurred in 2013, we excluded 37,246 nonvested shares in the diluted earnings (loss) per share computation for 2013 because these shares would automatically result in anti-dilution.