XML 34 R9.htm IDEA: XBRL DOCUMENT
v3.20.1

Per Share Data | 3 Months Ended
--- | ---
Mar. 31, 2020
Earnings Per Share [Abstract] |
Per Share Data | 3. Per Share Data Basic earnings per share is computed using net income attributable to common shareholders and the weighted average number of common shares outstanding. Diluted earnings per share reflects common shares issuable from the assumed conversion of common share options and share awards granted and units convertible into common shares. Only those items having a dilutive impact on our basic earnings per share are included in diluted earnings per share. Our unvested share-based awards are considered participating securities and are reflected in the calculation of basic and diluted earnings per share using the two-class method. The number of common share equivalent securities excluded from the diluted earnings per share calculation were approximately 1.9 million for each of the three months ended March 31, 2020 and 2019. These securities, which include common share options and share awards granted and units convertible into common shares, were excluded from the diluted earnings per share calculations as they are anti-dilutive. The following table presents information necessary to calculate basic and diluted earnings per share for the periods indicated:
|  | Three Months Ended March 31,
(in thousands, except per share amounts) |  | 2020 |  | 2019
Earnings per common share calculation – basic |  |  |  |
Income from continuing operations attributable to common shareholders |  | $ | 43,284 |  |  | $ | 38,613 |
Amount allocated to participating securities |  | (99 | ) |  | (84 | )
Net income attributable to common shareholders – basic |  | $ | 43,185 |  |  | $ | 38,529 |
Total earnings per common share – basic |  | $ | 0.43 |  |  | $ | 0.40 |
Weighted average number of common shares outstanding – basic |  | 99,298 |  |  | 96,892 |
|  | Three Months Ended March 31,
(in thousands, except per share amounts) |  | 2020 |  | 2019
Earnings per common share calculation – diluted |  |  |  |
Net income attributable to common shareholders – diluted |  | $ | 43,185 |  |  | $ | 38,529 |
Total earnings per common share – diluted |  | $ | 0.43 |  |  | $ | 0.40 |
Weighted average number of common shares outstanding – basic |  | 99,298 |  |  | 96,892 |
Incremental shares issuable from assumed conversion of: |  |  |  |
Common share options and share awards granted |  | 82 |  |  | 149 |
Weighted average number of common shares outstanding – diluted |  | 99,380 |  |  | 97,041 |

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration