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Net Income Per Common Share (Tables)
9 Months Ended
Sep. 30, 2014
Net Income Per Common Share [Abstract]  
Calculation Of Net Income Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended

 

For the nine months ended

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

September 30,

 

September 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2014

 

2013

Net income used for basic and diluted earnings 

 

 

 

 

 

 

 

 

 

 

 

per common share:

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders of Frontier

$

41,993 

 

$

35,400 

 

$

118,947 

 

$

45,080 

Less:  Dividends paid on unvested restricted stock awards

 

(749)

 

 

(632)

 

 

(2,262)

 

 

(1,908)

Total basic and diluted net income attributable to common

 

 

 

 

 

 

 

 

 

 

 

shareholders of Frontier

$

41,244 

 

$

34,768 

 

$

116,685 

 

$

43,172 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

 

 

 

awards outstanding - basic

 

1,002,092 

 

 

999,826 

 

 

1,001,656 

 

 

999,017 

Less:  Weighted average unvested restricted stock awards

 

(7,445)

 

 

(6,711)

 

 

(7,263)

 

 

(6,537)

Total weighted average shares outstanding - basic

 

994,647 

 

 

993,115 

 

 

994,393 

 

 

992,480 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share attributable to common

 

 

 

 

 

 

 

 

 

 

 

shareholders of Frontier

$

0.04 

 

$

0.04 

 

$

0.12 

 

$

0.04 

  

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

994,647 

 

 

993,115 

 

 

994,393 

 

 

992,480 

Effect of dilutive shares

 

3,208 

 

 

990 

 

 

3,351 

 

 

922 

Total weighted average shares outstanding - diluted

 

997,855 

 

 

994,105 

 

 

997,744 

 

 

993,402 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per share attributable to common

 

 

 

 

 

 

 

 

 

 

 

shareholders of Frontier

$

0.04 

 

$

0.04 

 

$

0.12 

 

$

0.04