Attached files
Exhibit 11
| For the Three Months Ended March 31, | ||||||||
| 2012 | 2011 | |||||||
| Numerator: |
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| Income from continuing operations |
$ | 19,124 | 12,274 | |||||
| Income from discontinued operations |
— | 659 | ||||||
| Preferred stock dividend |
(911 | ) | (2,953 | ) | ||||
| Redeemable and other noncontrolling interests in income |
(105 | ) | (335 | ) | ||||
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| Net income available to common shareholders |
$ | 18,108 | $ | 9,645 | ||||
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| Denominator: |
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| Denominator for basic earnings per share—weighted average shares |
76,000 | 64,890 | ||||||
| Dilutive effect of stock based awards |
380 | 415 | ||||||
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| Denominator for diluted earnings per share adjusted for weighted average shares and assumed conversion(1) |
76,380 | 65,305 | ||||||
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| Basic earnings per share from continuing operations |
$ | 0.24 | $ | 0.14 | ||||
| Basic earnings per share from discontinued operations |
0.00 | 0.01 | ||||||
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| Basic earnings per share |
$ | 0.24 | $ | 0.15 | ||||
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| Diluted earnings per share from continuing operations |
$ | 0.24 | $ | 0.14 | ||||
| Diluted earnings per share from discontinued operations |
0.00 | 0.01 | ||||||
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| Diluted earnings per share |
$ | 0.24 | $ | 0.15 | ||||
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| (1) | There were an average of 60,000 and 615,000 anti-dilutive operating company units outstanding for the three months ended March 31, 2012 and 2011, respectively. There are no operating company units outstanding at March 31, 2012. |