Earnings per Share |
12. Earnings per Share
The following table reconciles the numerators and denominators of the basic and diluted earnings per share computation for the three and six months ended June 30, 2011 and 2010 (in thousands, except share data):
|
|
For the Three Months Ended |
|
For the Six Months Ended |
|
|
June 30, |
|
June 30, |
|
|
2011 |
|
2010 |
|
2011 |
|
2010 |
Basic income (loss) per share: |
|
|
|
|
|
|
|
|
Numerator: |
|
|
|
|
|
|
|
|
Net income (loss) |
$ |
23,401 |
|
(51,250) |
|
514 |
|
(71,771) |
Less: net income attributable to |
|
|
|
|
|
|
|
|
non-controlling interest |
|
(290) |
|
(239) |
|
(585) |
|
(447) |
Net income (loss) attributable to |
|
|
|
|
|
|
|
|
BankAtlantic Bancorp, Inc. |
$ |
23,111 |
|
(51,489) |
|
(71) |
|
(72,218) |
Denominator: |
|
|
|
|
|
|
|
|
Basic weighted average number of |
|
|
|
|
|
|
|
|
common shares outstanding |
|
65,296,721 |
|
50,678,568 |
|
64,017,490 |
|
50,010,292 |
Basic income (loss) per share |
$ |
0.35 |
|
(1.02) |
|
(0.00) |
|
(1.44) |
Diluted income (loss) per share |
|
|
|
|
|
|
|
|
Numerator: |
|
|
|
|
|
|
|
|
Net income (loss) |
$ |
23,401 |
|
(51,250) |
|
514 |
|
(71,771) |
Less: net income attributable to |
|
|
|
|
|
|
|
|
non-controlling interest |
|
(290) |
|
(239) |
|
(585) |
|
(447) |
Net income (loss) attributable to |
|
|
|
|
|
|
|
|
BankAtlantic Bancorp, Inc. |
$ |
23,111 |
|
(51,489) |
|
(71) |
|
(72,218) |
Denominator: |
|
|
|
|
|
|
|
|
Basic weighted average number of |
|
|
|
|
|
|
|
|
common shares outstanding |
|
65,296,721 |
|
50,678,568 |
|
64,017,490 |
|
50,010,292 |
Diluted income (loss) per share |
$ |
0.35 |
|
(1.02) |
|
(0.00) |
|
(1.44) |
During the three and six months ended June 30, 2011 and 2010, 472,026 and 753,295, respectively, of options to acquire shares of Class A Common Stock were anti-dilutive. Restricted non-vested Class A common stock outstanding of 1,099,000 and 1,685,900 were anti-dilutive for the three and six months ended June 30, 2011, and 2010, respectively. |