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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2012
EARNINGS PER SHARE  
Schedule of computation of basic and diluted earnings (loss) per share

The following table sets forth the computation of basic and diluted earnings (loss) per share for the years ended December 31:

 

 

 

2012

 

2011

 

2010

 

 

 

(in thousands, except share and per share data)

 

Basic earnings (loss) per share

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

Net income (loss) attributable to Arkansas Best Corporation

 

$

(7,732

)

$

6,159

 

$

(32,693

)

Effect of unvested restricted stock awards

 

(149

)

(249

)

(69

)

Adjusted net income (loss)

 

$

(7,881

)

$

5,910

 

$

(32,762

)

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted-average shares

 

25,564,752

 

25,403,073

 

25,187,723

 

 

 

 

 

 

 

 

 

Earnings (loss) per common share

 

$

(0.31

)

$

0.23

 

$

(1.30

)

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

Net income (loss) attributable to Arkansas Best Corporation

 

$

(7,732

)

$

6,159

 

$

(32,693

)

Effect of unvested restricted stock awards

 

(149

)

(249

)

(69

)

Adjusted net income (loss)

 

$

(7,881

)

$

5,910

 

$

(32,762

)

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted-average shares

 

25,564,752

 

25,403,073

 

25,187,723

 

Effect of dilutive securities

 

 

 

 

Adjusted weighted-average shares and assumed conversions

 

25,564,752

 

25,403,073

 

25,187,723

 

Earnings (loss) per common share

 

$

(0.31

)

$

0.23

 

$

(1.30

)