Earnings Per Common Share Attributable To Avista Corporation

6 Months Ended

Jun. 30, 2018

Earnings Per Common Share Attributable To Avista Corporation Shareholders

EARNINGS PER COMMON SHARE ATTRIBUTABLE TO AVISTA CORP. SHAREHOLDERS

The following table presents the computation of basic and diluted earnings per common share attributable to Avista Corp. shareholders for the three and six months ended June 30 (in thousands, except per share amounts):



	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
Numerator:
Net income attributable to Avista Corp. shareholders	$	25,577	$	21,771	$	80,467	$	83,887
Denominator:
Weighted-average number of common shares outstanding-basic	65,677		64,401		65,658		64,382
Effect of dilutive securities:
Performance and restricted stock awards	306		152		299		129
Weighted-average number of common shares outstanding-diluted	65,983		64,553		65,957		64,511
Earnings per common share attributable to Avista Corp. shareholders:
Basic	$	0.39	$	0.34	$	1.23	$	1.30
Diluted	$	0.39	$	0.34	$	1.22	$	1.30

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