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Per Common Share Amounts
9 Months Ended
Sep. 30, 2015
Per Common Share Amounts  
Per Common Share Amounts

Note 12. Per Common Share Amounts

 

We calculate basic earnings per common share by dividing net income by the weighted average number of common shares outstanding during the period. We calculate diluted earnings per common share by using the more dilutive of the two class method or the treasury stock method. Unvested share awards and other potentially dilutive common shares, and the related impact on earnings, are considered when calculating diluted earnings per share. The following table provides a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted earnings per share (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

September 30,

 

Nine Months Ended

September 30,

 

 

2015

 

2014

 

2015

 

2014

Weighted average common shares for basic earnings per share

 

 

237,263

 

 

203,647

 

 

231,454

 

 

197,225

Effect of dilutive securities: unvested share awards

 

 

30

 

 

28

 

 

32

 

 

31

Weighted average common shares for diluted earnings per share

 

 

237,293

 

 

203,675

 

 

231,486

 

 

197,256