XML 31 R20.htm IDEA: XBRL DOCUMENT v3.19.1
Earnings Per Share
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
Note 13.Earnings Per Share

The following are reconciliations of the earnings available to common stockholders and the shares used in calculating basic and dilutive net earnings per common share (in thousands, except per share data):

  
Three Months Ended
March 31,
 
Basic Net Earnings Per Common Share:
 
2019
  
2018
 
Earnings from continuing operations
 
$
13,104
  
$
8,597
 
Loss from discontinued operations
  
(888
)
  
(608
)
Net earnings available to common stockholders
 
$
12,216
  
$
7,989
 
         
Weighted average common shares outstanding
  
22,422
   
22,499
 
         
Earnings from continuing operations per common share
 
$
0.58
  
$
0.38
 
Loss from discontinued operations per common share
  
(0.04
)
  
(0.02
)
Basic net earnings per common share
 
$
0.54
  
$
0.36
 
         
Diluted Net Earnings Per Common Share:
        
Earnings from continuing operations
 
$
13,104
  
$
8,597
 
Loss from discontinued operations
  
(888
)
  
(608
)
Net earnings available to common stockholders
 
$
12,216
  
$
7,989
 
         
Weighted average common shares outstanding
  
22,422
   
22,499
 
Plus incremental shares from assumed conversions:
        
Dilutive effect of restricted stock and performance stock
  
483
   
468
 
Weighted average common shares outstanding – Diluted
  
22,905
   
22,967
 
         
Earnings from continuing operations per common share
 
$
0.57
  
$
0.37
 
Loss from discontinued operations per common share
  
(0.04
)
  
(0.02
)
Diluted net earnings per common share
 
$
0.53
  
$
0.35
 

The shares listed below were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented or because they were excluded under the treasury method (in thousands):

  
Three Months Ended
March 31,
 
  
2019
  
2018
 
Restricted and performance shares
  
252
   
277