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Net Income Per Common Share (Tables)
12 Months Ended
Dec. 31, 2013
Net Income Per Common Share [Abstract]  
Calculation Of Net Income Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ and shares in thousands, except per share amounts)

 

 

 

 

2013

 

2012

 

2011

Net income used for basic and diluted earnings 

 

 

 

 

 

 

 

 

per common share:

 

 

 

 

 

 

 

 

Net income attributable to common shareholders of Frontier

$

112,835 

 

$

136,636 

 

$

149,614 

Less:  Dividends paid on unvested restricted stock awards

 

(2,531)

 

 

(2,901)

 

 

(3,743)

Total basic and diluted net income attributable to common

 

 

 

 

 

 

 

 

shareholders of Frontier

$

110,304 

 

$

133,735 

 

$

145,871 

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

awards outstanding - basic

 

999,126 

 

 

997,665 

 

 

994,753 

Less:  Weighted average unvested restricted stock awards

 

(6,467)

 

 

(7,128)

 

 

(4,901)

Total weighted average shares outstanding - basic

 

992,659 

 

 

990,537 

 

 

989,852 

 

 

 

 

 

 

 

 

 

Basic net income per share attributable to common

 

 

 

 

 

 

 

 

shareholders of Frontier

$

0.11 

 

$

0.14 

 

$

0.15 

  

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

992,659 

 

 

990,537 

 

 

989,852 

Effect of dilutive shares

 

1,338 

 

 

1,263 

 

 

1,415 

Effect of dilutive stock units

 

 -

 

 

 -

 

 

557 

Total weighted average shares outstanding - diluted

 

993,997 

 

 

991,800 

 

 

991,824 

 

 

 

 

 

 

 

 

 

Diluted net income per share attributable to common

 

 

 

 

 

 

 

 

shareholders of Frontier

$

0.11 

 

$

0.13 

 

$

0.15