XML 41 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted income per share. Basic income per share is determined using the weighted average shares of common stock outstanding during the period. Diluted income per share is determined using the weighted average shares of common stock outstanding during the period, and assumes all potentially dilutive securities were converted into common shares at the earliest date possible. There were no potentially dilutive securities outstanding during the three and six months ended June 30, 2018 and 2017.    
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(Amounts in thousands, except share and per share amounts)
 
2018
 
2017
 
2018
 
2017
Income from continuing operations
 
$
17,570

 
$
20,660

 
$
31,667

 
$
42,327

Loss from discontinued operations (see Note 8)
 
—

 
—

 
(23,797
)
 
—

Net income
 
$
17,570

 
$
20,660

 
$
7,870

 
$
42,327

 
 
 
 
 
 
 
 
 
Weighted average shares outstanding – basic and diluted
 
5,116,657

 
5,115,320

 
5,116,321

 
5,115,012

 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
3.43

 
$
4.04

 
$
6.19

 
$
8.28

Loss from discontinued operations (see Note 8)
 
—

 
—

 
(4.65
)
 
—

Net income per common share – basic and diluted
 
$
3.43

 
$
4.04

 
$
1.54

 
$
8.28