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Earnings Per Share
 3 Months Ended
Mar. 31, 2013
Earnings Per Share  
Earnings Per Share

11.          Earnings Per Share

 

The following table presents earnings per weighted average common share outstanding for the three months ended March 31, 2013 and 2012:

 

 

 

Three Months Ended
March 31,

 

 

 

2013

 

2012

 

Basic earnings per share:

 

 

 

 

 

Income (loss) from continuing operations attributable to common shareholders

 

$

0.22

 

$

(0.07

)

Loss from discontinued operations

 

—

 

(0.01

)

Earnings (loss) per share — basic

 

$

0.22

 

$

(0.08

)

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

Income (loss) from continuing operations attributable to common shareholders

 

$

0.22

 

$

(0.07

)

Loss from discontinued operations

 

—

 

(0.01

)

Earnings (loss) per share — diluted

 

$

0.22

 

$

(0.08

)

 

Performance shares and restricted stock units (which are contingently issuable) increased the weighted average common shares outstanding by approximately 1,003,000 shares for the three months ended March 31, 2013.  For the three months ended March 31, 2012, the weighted average common shares outstanding were the same for both basic and diluted shares.

 

For the three months ended March 31, 2013 and 2012, there were no common stock options that were excluded from the computation of diluted earnings per share as a result of the options’ exercise prices being greater than the average market price of the common shares.