Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings per Share  
Reconciliation of earnings per common share

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Income from continuing operations

 

$

518

 

$

10,498

 

$

1,797

 

$

23,386

 

Less portion allocated to unvested share awards

 

 

(51

)

 

(115

)

Income from continuing operations attributable to common shares

 

$

518

 

$

10,447

 

$

1,797

 

$

23,271

 

 

 

 

 

 

 

 

 

 

 

Loss from discontinued operations

 

$

(789

)

$

(285

)

$

(1,080

)

$

(494

)

Less portion allocated to unvested share awards

 

 

1

 

 

2

 

Loss from discontinued operations attributable to common shares

 

$

(789

)

$

(284

)

$

(1,080

)

$

(492

)

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(271

)

$

10,213

 

$

717

 

$

22,892

 

Less portion allocated to unvested share awards

 

 

(50

)

 

(113

)

Net income (loss) attributable to common shares

 

$

(271

)

$

10,163

 

$

717

 

$

22,779

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — basic

 

27,458

 

27,421

 

27,334

 

27,606

 

Dilutive stock options and RSUs

 

 

331

 

118

 

315

 

Weighted average common shares outstanding - diluted

 

27,458

 

27,752

 

27,452

 

27,921

 

 

 

 

 

 

 

 

 

 

 

Basic income (loss) per common share:

 

 

 

 

 

 

 

 

 

Continuing

 

$

0.02

 

$

0.38

 

$

0.07

 

$

0.84

 

Discontinued

 

(0.03

)

(0.01

)

(0.04

)

(0.01

)

Total

 

$

(0.01

)

$

0.37

 

$

0.03

 

$

0.83

 

 

 

 

 

 

 

 

 

 

 

Diluted income (loss) per common share:

 

 

 

 

 

 

 

 

 

Continuing

 

$

0.02

 

$

0.38

 

$

0.07

 

$

0.83

 

Discontinued

 

(0.03

)

(0.01

)

(0.04

)

(0.01

)

Total

 

$

(0.01

)

$

0.37

 

$

0.03

 

$

0.82

 

 

 

 

 

 

 

 

 

 

 

Antidilutive securities not included:

 

 

 

 

 

 

 

 

 

Options and RSUs

 

2,985

 

361

 

3,006

 

689