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Earnings per share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation [Table Text Block]

The following table presents a reconciliation of the income and share data used in the basic and diluted earnings per share (“EPS”) computations for the dates indicated:

 

(In thousands of US$, except per share amounts) Year ended December 31, 
  2012  2011  2010 
          
Net income from continuing operations attributable to Bladex for both basic and diluted EPS  93,713   83,600   42,038 
             
Net income (loss) from discontinued operations  (681)  (420)  206 
Net income attributable to Bladex for both basic and diluted EPS  93,032   83,180   42,244 
             
Basic earnings per share from continuing operations  2.48   2.26   1.15 
Diluted earnings per share from continuing operations  2.47   2.25   1.14 
             
Basic income (loss) per share from discontinued operations  (0.02)  (0.01)  0.01 
Diluted income (loss) per share from discontinued operations  (0.02)  (0.01)  0.01 
             
Basic earnings per share  2.46   2.25   1.15 
Diluted earnings per share  2.45   2.24   1.15 
             
Weighted average common shares outstanding - applicable to basic EPS  37,824   36,969   36,647 
             
Weighted average common shares outstanding            
  applicable to diluted EPS  37,824   36,969   36,647 
Effect of dilutive securities (1):            
Stock options and restricted stock units plans  114   176   167 
Adjusted weighted average common shares outstanding applicable to diluted EPS  37,938   37,145   36,814 

 

(1) As of December 31, 2011 and 2010, weighted average options of 72,053 and 760,284, respectively, were excluded from the computation of diluted earnings per share because the option’s exercise price was greater than the average quoted market price of the Bank’s common stock. As of December 31, 2012, the computation of earnings per share did not exclude any weighted average options.