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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

2014

 

2013

 

2012

Net income used for basic and diluted earnings 

 

 

 

 

 

 

 

 

per common share:

 

 

 

 

 

 

 

 

Net income attributable to common shareholders of Frontier

$

132,893 

 

$

112,835 

 

$

136,636 

Less:  Dividends paid on unvested restricted stock awards

 

(3,043)

 

 

(2,531)

 

 

(2,901)

Total basic and diluted net income attributable to common

 

 

 

 

 

 

 

 

shareholders of Frontier

$

129,850 

 

$

110,304 

 

$

133,735 

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

awards outstanding - basic

 

1,001,812 

 

 

999,126 

 

 

997,665 

Less:  Weighted average unvested restricted stock awards

 

(7,394)

 

 

(6,467)

 

 

(7,128)

Total weighted average shares outstanding - basic

 

994,418 

 

 

992,659 

 

 

990,537 

 

 

 

 

 

 

 

 

 

Basic net income per share attributable to common

 

 

 

 

 

 

 

 

shareholders of Frontier

$

0.13 

 

$

0.11 

 

$

0.14 

  

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

994,418 

 

 

992,659 

 

 

990,537 

Effect of dilutive shares

 

3,744 

 

 

1,338 

 

 

1,263 

Total weighted average shares outstanding - diluted

 

998,162 

 

 

993,997 

 

 

991,800 

 

 

 

 

 

 

 

 

 

Diluted net income per share attributable to common

 

 

 

 

 

 

 

 

shareholders of Frontier

$

0.13 

 

$

0.11 

 

$

0.13