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Earnings Per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

 

 

21.  Earnings per Share

 

The following reconciles the numerators and denominators of the basic and diluted earnings per share computation for the years ended December 31, 2014, 2013 and 2012 (in thousands, except share data).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For The Years Ended December 31,

 

 

2014

 

2013

 

2012

Basic earnings per share

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Continuing operations

$

4,304 

 

47,660 

 

(28,476)

 Less:  net loss attributable to

 

 

 

 

 

 

 non controlling interest

 

391 

 

179 

 

 -

 Continuing operation attributable

 

 

 

 

 

 

   to BBX Capital Corporation

 

4,695 

 

47,839 

 

(28,476)

  Discontinued operations

 

 -

 

 -

 

264,238 

  Net income

$

4,695 

 

47,839 

 

235,762 

Denominator:

 

 

 

 

 

 

Basic weighted average number

 

 

 

 

 

 

  of common shares outstanding

 

16,043,219 

 

15,843,127 

 

15,720,217 

Basic earnings per share from:

 

 

 

 

 

 

Continuing operations

$

0.29 

 

3.02 

 

(1.81)

Discontinued operations

 

 -

 

 -

 

16.81 

Basic earnings per share

$

0.29 

 

3.02 

 

15.00 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2014

 

2013

 

2012

Diluted loss per share

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Continuing operations

 $

4,304 

 

47,660 

 

(28,476)

 Less:  net income attributable to

 

 

 

 

 

 

 non controlling interest

 

391 

 

179 

 

 -

 Continuing operation attributable

 

 

 

 

 

 

   to BBX Capital Corporation

 

4,695 

 

47,839 

 

(28,476)

Discontinued operations

 

 -

 

 -

 

264,238 

Net income

$

4,695 

 

47,839 

 

235,762 

Denominator:

 

 

 

 

 

 

Basic weighted average number of

 

 

 

 

 

 

  common shares outstanding

 

16,043,219 

 

15,843,127 

 

15,720,217 

  Stock-based compensation

 

634,637 

 

434,926 

 

 -

Diluted weighted average

 

 

 

 

 

 

 shares outstanding

 

16,677,856 

 

16,278,053 

 

15,720,217 

Diluted earnings per share from:

 

 

 

 

 

 

Continuing operations

 $

0.28 

 

2.94 

 

(1.81)

Discontinued operations

 

 -

 

 -

 

16.81 

Diluted earnings per share

 $

0.28 

 

2.94 

 

15.00 

 

Options to acquire 15,481,  21,282, and 36,804 shares of Class A common stock were anti-dilutive for the years ended December 31, 2014, 2013 and 2012, respectively.  Outstanding RSAs in the amount of 1,195,406 were anti-dilutive for the year ended December 31, 2012.