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Net Income Per Common Share (Tables)
3 Months Ended
Mar. 31, 2014
Net Income Per Common Share [Abstract]  
Calculation Of Net Income Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended

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

March 31,

 

 

 

 

 

 

 

2014

 

2013

Net income used for basic and diluted earnings 

 

 

 

 

 

per common share:

 

 

 

 

 

Net income attributable to common shareholders of Frontier

$

39,274 

 

$

48,140 

Less:  Dividends paid on unvested restricted stock awards

 

(767)

 

 

(521)

Total basic and diluted net income attributable to common

 

 

 

 

 

shareholders of Frontier

$

38,507 

 

$

47,619 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

awards outstanding - basic

 

1,000,960 

 

 

998,146 

Less:  Weighted average unvested restricted stock awards

 

(6,934)

 

 

(6,273)

Total weighted average shares outstanding - basic

 

994,026 

 

 

991,873 

 

 

 

 

 

 

Basic net income per share attributable to common

 

 

 

 

 

shareholders of Frontier

$

0.04 

 

$

0.05 

  

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

Total weighted average shares outstanding - basic

 

994,026 

 

 

991,873 

Effect of dilutive shares

 

1,502 

 

 

675 

Total weighted average shares outstanding - diluted

 

995,528 

 

 

992,548 

 

 

 

 

 

 

Diluted net income per share attributable to common

 

 

 

 

 

shareholders of Frontier

$

0.04 

 

$

0.05