EARNINGS PER COMMON SHARE ATTRIBUTABLE TO AVISTA CORPORATION SHAREHOLDERS

The following table presents the computation of basic and diluted earnings per common share attributable to Avista Corp. shareholders for the years ended December 31 (in thousands, except per share amounts):



	2017		2016		2015
Numerator:
Net income from continuing operations attributable to Avista Corp. shareholders	$	115,916	$	137,228	$	118,080
Net income from discontinued operations attributable to Avista Corp. shareholders	$	—	$	—	$	5,147
Denominator:
Weighted-average number of common shares outstanding-basic	64,496		63,508		62,301
Effect of dilutive securities:
Performance and restricted stock awards	310		412		407
Weighted-average number of common shares outstanding-diluted	64,806		63,920		62,708
Earnings per common share attributable to Avista Corp. shareholders, basic:
Earnings per common share from continuing operations	$	1.80	$	2.16	$	1.90
Earnings per common share from discontinued operations	$	—	$	—	$	0.08
Total earnings per common share attributable to Avista Corp. shareholders, basic	$	1.80	$	2.16	$	1.98
Earnings per common share attributable to Avista Corp. shareholders, diluted:
Earnings per common share from continuing operations	$	1.79	$	2.15	$	1.89
Earnings per common share from discontinued operations	$	—	$	—	$	0.08
Total earnings per common share attributable to Avista Corp. shareholders, diluted	$	1.79	$	2.15	$	1.97

There were no shares excluded from the calculation because they were antidilutive.