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Per Share Data and Stockholders' Equity | 6 Months Ended
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Jun. 30, 2014
Earnings Per Share [Abstract] |
Per Share Data and Stockholders' Equity | 7. Per Share Data and Stockholders’ Equity The calculation of diluted earnings per share considers the potential dilutive effect of options and shares under Sonic’s stock compensation plans. Certain of Sonic’s non-vested restricted stock and restricted stock units contain rights to receive non-forfeitable dividends and , as a result, are considered participating securities and are included in the two-class method of computing earnings per share. The following table illustrates the dilutive effect of such items on earnings per share for the second quarter and six-month periods ended June 30, 2014 and 2013:
|  | Second Quarter Ended June 30, 2014 |
|  |  |  |  | Income (Loss) From Continuing Operations |  |  | Income (Loss) From Discontinued Operations |  |  | Net Income (Loss) |
|  | Weighted Average Shares |  |  | Amount |  |  | Per Share Amount |  |  | Amount |  |  | Per Share Amount |  |  | Amount |  |  | Per Share Amount |
|  | (In thousands, except per share amounts) |
Earnings (loss) and shares |  |  | 52,514 |  |  | $ | 27,061 |  |  |  |  |  |  | $ | (68 | ) |  |  |  |  |  | $ | 26,993 |  |  |  |  |
Effect of participating securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock and restricted stock units |  |  |  |  |  |  | (87 | ) |  |  |  |  |  |  | — |  |  |  |  |  |  |  | (87 | ) |  |  |  |
Basic earnings (loss) and shares |  |  | 52,514 |  |  | $ | 26,974 |  |  | $ | 0.51 |  |  | $ | (68 | ) |  | $ | — |  |  | $ | 26,906 |  |  | $ | 0.51 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans |  |  | 416 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Diluted earnings (loss) and shares |  |  | 52,930 |  |  | $ | 26,974 |  |  | $ | 0.51 |  |  | $ | (68 | ) |  | $ | — |  |  | $ | 26,906 |  |  | $ | 0.51 |
|  | Second Quarter Ended June 30, 2013 |
|  |  |  |  | Income (Loss) From Continuing Operations |  |  | Income (Loss) From Discontinued Operations |  |  | Net Income (Loss) |
|  | Weighted Average Shares |  |  | Amount |  |  | Per Share Amount |  |  | Amount |  |  | Per Share Amount |  |  | Amount |  |  | Per Share Amount |
|  | (In thousands, except per share amounts) |
Earnings (loss) and shares |  |  | 52,597 |  |  | $ | 8,717 |  |  |  |  |  |  | $ | 199 |  |  |  |  |  |  | $ | 8,916 |  |  |  |  |
Effect of participating securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock and restricted stock units |  |  |  |  |  |  | (63 | ) |  |  |  |  |  |  | — |  |  |  |  |  |  |  | (63 | ) |  |  |  |
Basic earnings (loss) and shares |  |  | 52,597 |  |  | $ | 8,654 |  |  | $ | 0.16 |  |  | $ | 199 |  |  | $ | 0.01 |  |  | $ | 8,853 |  |  | $ | 0.17 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans |  |  | 345 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Diluted earnings (loss) and shares |  |  | 52,942 |  |  | $ | 8,654 |  |  | $ | 0.16 |  |  | $ | 199 |  |  | $ | 0.01 |  |  | $ | 8,853 |  |  | $ | 0.17 |
|  | Six Months Ended June 30, 2014 |
|  |  |  |  | Income (Loss) From Continuing Operations |  |  | Income (Loss) From Discontinued Operations |  |  | Net Income (Loss) |
|  | Weighted Average Shares |  |  | Amount |  |  | Per Share Amount |  |  | Amount |  |  | Per Share Amount |  |  | Amount |  |  | Per Share Amount |
|  | (In thousands, except per share amounts) |
Earnings (loss) and shares |  |  | 52,466 |  |  | $ | 47,045 |  |  |  |  |  |  | $ | (666 | ) |  |  |  |  |  | $ | 46,379 |  |  |  |  |
Effect of participating securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock and restricted stock units |  |  |  |  |  |  | (151 | ) |  |  |  |  |  |  | — |  |  |  |  |  |  |  | (151 | ) |  |  |  |
Basic earnings (loss) and shares |  |  | 52,466 |  |  | $ | 46,894 |  |  | $ | 0.89 |  |  | $ | (666 | ) |  | $ | (0.01 | ) |  | $ | 46,228 |  |  | $ | 0.88 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans |  |  | 472 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Diluted earnings (loss) and shares |  |  | 52,938 |  |  | $ | 46,894 |  |  | $ | 0.89 |  |  | $ | (666 | ) |  | $ | (0.02 | ) |  | $ | 46,228 |  |  | $ | 0.87 |
|  | Six Months Ended June 30, 2013 |
|  |  |  |  | Income (Loss) From Continuing Operations |  |  | Income (Loss) From Discontinued Operations |  |  | Net Income (Loss) |
|  | Weighted Average Shares |  |  | Amount |  |  | Per Share Amount |  |  | Amount |  |  | Per Share Amount |  |  | Amount |  |  | Per Share Amount |
|  | (In thousands, except per share amounts) |
Earnings (loss) and shares |  |  | 52,591 |  |  | $ | 30,415 |  |  |  |  |  |  | $ | (208 | ) |  |  |  |  |  | $ | 30,207 |  |  |  |  |
Effect of participating securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock and restricted stock units |  |  |  |  |  |  | (229 | ) |  |  |  |  |  |  | — |  |  |  |  |  |  |  | (229 | ) |  |  |  |
Basic earnings (loss) and shares |  |  | 52,591 |  |  | $ | 30,186 |  |  | $ | 0.57 |  |  | $ | (208 | ) |  | $ | — |  |  | $ | 29,978 |  |  | $ | 0.57 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans |  |  | 346 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Diluted earnings (loss) and shares |  |  | 52,937 |  |  | $ | 30,186 |  |  | $ | 0.57 |  |  | $ | (208 | ) |  | $ | — |  |  | $ | 29,978 |  |  | $ | 0.57 |
In addition to the stock options included in the table above, options to purchase approximately 0.4 million shares and 0.9 million shares of Class A Common Stock were outstanding at June 30, 2014 and 2013, respectively, but were not included in the computation of diluted earnings per share because the options were not dilutive.

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- 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 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: 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 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
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