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Earnings per Share
6 Months Ended
Jun. 30, 2011
Earnings per Share  
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.