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Earnings Per Share
12 Months Ended
Dec. 31, 2018
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]  
Earnings Per Share [Text Block]
EARNINGS PER SHARE

Basic earnings or loss per share are computed using NW Holdings' net income or loss and the weighted average number of common shares outstanding for each period presented. Diluted earnings per share are computed in the same manner, except it uses the weighted average number of common shares outstanding plus the effects of the assumed exercise of stock options and the payment of estimated stock awards from other stock-based compensation plans that are outstanding at the end of each period presented. Antidilutive stock awards are excluded from the calculation of diluted earnings or loss per common share.

NW Holdings' diluted earnings or loss per share are calculated as follows:
In thousands, except per share data
 
2018
 
2017
 
2016
Net income from continuing operations
 
$
67,311

 
$
72,073

 
$
62,419

Loss from discontinued operations, net of tax
 
(2,742
)
 
(127,696
)
 
(3,524
)
Net income (loss)
 
$
64,569

 
$
(55,623
)
 
$
58,895

Average common shares outstanding - basic
 
28,803

 
28,669

 
27,647

Additional shares for stock-based compensation plans (See Note 7)
 
70

 
84

 
132

Average common shares outstanding - diluted
 
28,873

 
28,753

 
27,779

Earnings (loss) from continuing operations per share of common stock:
 
 
 
 
 
 
Basic
 
$
2.34

 
$
2.51

 
$
2.26

Diluted
 
$
2.33

 
$
2.51

 
$
2.25

Loss from discontinued operations per share of common stock:
 
 
 
 
 
 
Basic
 
$
(0.10
)
 
$
(4.45
)
 
$
(0.13
)
Diluted
 
$
(0.09
)
 
$
(4.44
)
 
$
(0.13
)
Earnings (loss) per share of common stock:
 
 
 
 
 
 
Basic
 
$
2.24

 
$
(1.94
)
 
$
2.13

Diluted
 
$
2.24

 
$
(1.93
)
 
$
2.12

Additional information:
 
 
 
 
 
 
Antidilutive shares
 
2

 
13

 
5