Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2013

Net Income Per Common Share [Abstract]

Calculation of Net Income per Common Share

The reconciliation of the net income per common share calculation is as follows:

	For the three months ended
($ and shares in thousands, except per share amounts)	March 31,
	2013			2012
Net income used for basic and diluted earnings
per common share:
Net income attributable to common shareholders of Frontier	$	48,140		$	26,768
					-737
Less:  Dividends paid on unvested restricted stock awards		(521	)		(737	)
Total basic and diluted net income attributable to common
shareholders of Frontier	$	47,619		$	26,031
Basic earnings per common share:
Total weighted average shares and unvested restricted stock awards
outstanding - basic		998,146			995,897
Less:  Weighted average unvested restricted stock awards		(6,273	)		(7,024	)
Total weighted average shares outstanding - basic		991,873			988,873
Net income per share attributable to common shareholders of Frontier	$	0.05		$	0.03
Diluted earnings per common share:
Total weighted average shares outstanding - basic		991,873			988,873
Effect of dilutive shares		675			12
Effect of dilutive stock units		-			623
Total weighted average shares outstanding - diluted		992,548			989,508
Net income per share attributable to common shareholders of Frontier	$	0.05		$	0.03