Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings per Common Share

Schedule of computation of basic and diluted earnings per common share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In thousands, except per share data)	2012		2011		2012		2011
Net earnings	$	3,052	$	4,670	12,525		12,510
Less: Net income attributable to noncontrolling interests	1,565		2,242		2,673		6,357
Net earnings attributable to FirstCity	$	1,487	$	2,428	$	9,852	$	6,153
Less: Net earnings allocable to participating securities	29		—		147		—
Net earnings allocable to common shares	$	1,458	$	2,428	$	9,705	$	6,153
Weighted-average common shares outstanding - basic	10,345		10,279		10,322		10,273
Dilutive effect of restricted stock shares	24		—		33		—
Dilutive effect of stock options	44		25		44		21
Weighted-average common shares outstanding - diluted	10,413		10,304		10,399		10,294
Net earnings per share:
Basic	$	0.14	$	0.24	$	0.94	$	0.60
Diluted	$	0.14	$	0.24	$	0.93	$	0.60