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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share



 

 

 

 

 

 



 

 

 

 

 

 



 

For the three months ended



 

September 30, 2017



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic earnings per share from continuing operations

 

 

 

 

 

 

Net earnings available to common shareholders

 

$                 6,770

 

55,758,433 

 

$                  0.12

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

554,405 

 

 -

Diluted earnings per share

 

 

 

 

 

 

Net earnings available to common shareholders

 

$                 6,770

 

56,312,838 

 

$                  0.12







 

 

 

 

 

 



 

 

 

 

 

 



 

For the three months ended



 

September 30, 2017



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic earnings per share from discontinued operations

 

 

 

 

 

 

Net earnings available to common shareholders

 

$                    511

 

55,758,433 

 

$                  0.01

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

554,405 

 

 -

Diluted earnings per share

 

 

 

 

 

 

Net earnings available to common shareholders

 

$                    511

 

56,312,838 

 

$                  0.01







 

 

 

 

 

 



 

 

 

 

 

 



 

For the three months ended



 

September 30, 2017



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic earnings per share

 

 

 

 

 

 

Net earnings available to common shareholders

 

$                 7,281

 

55,758,433 

 

$                  0.13

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

554,405 

 

 -

Diluted earnings per share

 

 

 

 

 

 

Net earnings available to common shareholders

 

$                 7,281

 

56,312,838 

 

$                  0.13



Stock options for 1,633,375 shares, exercisable at prices between $6.75 and $10.45 per share, were outstanding at September 30, 2017, but were not included in the dilutive shares because the exercise price per share was greater than the average market price.







 

 

 

 

 

 



 

 

 

 

 

 



 

For the nine months ended



 

September 30, 2017



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

(dollars in thousands except share and per share data)

Basic earnings per share from continuing operations

 

 

 

 

 

 

Net earnings available to common shareholders

 

$               30,670

 

55,661,538 

 

$                  0.55

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

382,371 

 

 -

Diluted earnings per share

 

 

 

 

 

 

Net earnings available to common shareholders

 

$               30,670

 

56,043,909 

 

$                  0.55







 

 

 

 

 

 



 

 

 

 

 

 



 

For the nine months ended



 

September 30, 2017



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

(dollars in thousands except share and per share data)

Basic earnings per share from discontinued operations

 

 

 

 

 

 

Net earnings available to common shareholders

 

$                 3,438

 

55,661,538 

 

$                  0.06

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

382,371 

 

 -

Diluted earnings per share

 

 

 

 

 

 

Net earnings available to common shareholders

 

$                 3,438

 

56,043,909 

 

$                  0.06







 

 

 

 

 

 



 

 

 

 

 

 



 

For the nine months ended



 

September 30, 2017



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic earnings per share

 

 

 

 

 

 

Net earnings available to common shareholders

 

$               34,108

 

55,661,538 

 

$                  0.61

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

382,371 

 

 -

Diluted earnings per share

 

 

 

 

 

 

Net earnings available to common shareholders

 

$               34,108

 

56,043,909 

 

$                  0.61



Stock options for 1,953,375 shares, exercisable at prices between $6.75 and $10.45 per share, were outstanding at September 30, 2017, but were not included in the dilutive shares because the exercise price per share was greater than the average market price.







 

 

 

 

 

 



 

 

 

 

 

 



 

For the three months ended



 

September 30, 2016



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic loss per share from continuing operations

 

 

 

 

 

 

Net loss available to common shareholders

 

$               (1,530)

 

47,153,658 

 

$                 (0.03)

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

 -

 

 -

Diluted loss per share

 

 

 

 

 

 

Net loss available to common shareholders

 

$               (1,530)

 

47,153,658 

 

$                 (0.03)







 

 

 

 

 

 



 

 

 

 

 

 



 

For the three months ended



 

September 30, 2016



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic loss per share from discontinued operations

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (24,021)

 

47,153,658 

 

$                 (0.51)

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

 -

 

 -

Diluted loss per share

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (24,021)

 

47,153,658 

 

$                 (0.51)







 

 

 

 

 

 



 

 

 

 

 

 



 

For the three months ended



 

September 30, 2016



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic loss per share

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (25,551)

 

47,153,658 

 

$                 (0.54)

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

 -

 

 -

Diluted loss per share

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (25,551)

 

47,153,658 

 

$                 (0.54)



Stock options for 2,036,500 shares, exercisable at prices between $6.75 and $25.43 per share, were outstanding at September 30, 2016 but were not included in dilutive shares because the Company had a net loss available to common shareholders.



 

 

 

 

 

 



 

 

 

 

 

 



 

For the nine months ended



 

September 30, 2016



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic loss per share from continuing operations

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (29,811)

 

40,957,247 

 

$                 (0.73)

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

 -

 

 -

Diluted loss per share

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (29,811)

 

40,957,247 

 

$                 (0.73)







 

 

 

 

 

 



 

 

 

 

 

 



 

For the nine months ended



 

September 30, 2016



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic loss per share from discontinued operations

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (37,909)

 

40,957,247 

 

$                 (0.92)

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

 -

 

 -

Diluted loss per share

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (37,909)

 

40,957,247 

 

$                 (0.92)





 

 

 

 

 

 



 

 

 

 

 

 



 

For the nine months ended



 

September 30, 2016



 

Income

 

Shares

 

Per share



 

(numerator)

 

(denominator)

 

amount



 

 

 

 

 

 



 

(dollars in thousands except share and per share data)

Basic loss per share

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (67,720)

 

40,957,247 

 

$                 (1.65)

Effect of dilutive securities

 

 

 

 

 

 

Common stock options

 

 -

 

 -

 

 -

Diluted loss per share

 

 

 

 

 

 

Net loss available to common shareholders

 

$             (67,720)

 

40,957,247 

 

$                 (1.65)