XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Per Share Information | 3 Months Ended
--- | ---
Mar. 31, 2016
Earnings Per Share [Abstract] |
Per Share Information |
7. | PER SHARE INFORMATION:
Basic earnings per share is computed using the weighted average number of common shares outstanding during the period, and diluted earnings per share is computed using the weighted average number of common shares outstanding during the period adjusted for all potentially dilutive common stock equivalents, except in cases where the effect of the common stock equivalent would be antidilutive. The amounts used to compute the basic and diluted earnings per share for the three months ended March 31, 2016 and 2015 are illustrated below (in thousands):
|  | Three Months Ended March 31, |
|  | 2016 |  |  | 2015 |
Amounts attributable to common stock: |  |  |  |  |  |  |  |
Net income from continuing operations |  | $ | 20,496 |  |  | $ | 47,689 |
Net income from discontinued operations |  |  | — |  |  |  | 5,795 |
Net income attributable to common stock |  | $ | 20,496 |  |  | $ | 53,484 |
Weighted average shares: |  |  |  |  |  |  |  |
Weighted average shares outstanding for basic earnings per share |  |  | 162,803 |  |  |  | 215,473 |
Effect of dilutive stock options |  |  | 3 |  |  |  | 17 |
Weighted average shares outstanding for diluted earnings per share |  |  | 162,806 |  |  |  | 215,490 |
For purposes of calculating diluted earnings per share, there were no adjustments required to derive Quanta’s net income attributable to common stock. Outstanding exchangeable shares that were issued pursuant to certain of Quanta’s historical acquisitions (as further discussed in Note 9), which are exchangeable on a one-for-one basis with shares of Quanta common stock, have been included in weighted average shares outstanding for basic and diluted earnings per share for the three months ended March 31, 2016 and 2015. However, the additional shares that were received on April 12, 2016 in settlement of Quanta’s accelerated share repurchase arrangement entered into in August 2015 (as further described in Note 9) have not been included in the weighted average shares outstanding for basic and diluted earnings per share for the three months ended March 31, 2016 because the additional share repurchases had not yet been settled.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration