Capital Stock & Earnings (Loss) Per Share (Tables)
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12 Months Ended |
Dec. 31, 2014
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Earnings Per Share [Abstract] |
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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. |
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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 |
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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. |
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