Schedule Of Stock Option Plans |
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Weighted
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Aggregate
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Average
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Intrinsic
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Shares
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Exercise
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Value
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Under Options
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Price
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$(000’s)
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Outstanding at January 1, 2016
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805,000
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$
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17.33
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$
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4,843
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Lapsed or Cancelled
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-
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-
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Outstanding at June 30, 2016 ($17.31 – $21.25)
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805,000
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$
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17.33
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$
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7,781
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Options exercisable at June 30, 2016
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138,334
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Available for grant at June 30, 2016
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2,724,820
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Schedule Of Basic And Diluted Earnings Per Share |
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Three Months Ended
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Six Months Ended
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June 30,
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June 30,
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Computation of Basic EPS
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2016
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2015
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2016
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2015
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Net income
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$
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54,366
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$
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39,389
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$
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123,135
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$
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36,064
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Add: Noncontrolling interest in consolidated joint ventures
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(311)
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373
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395
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863
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Add (deduct): Noncontrolling interest in Operating Partnership
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(5,662)
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(4,383)
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(12,946)
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(4,069)
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Net income available to common shareholders
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$
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48,393
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$
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35,379
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$
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110,584
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$
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32,858
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Weighted average common shares
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89,740
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89,244
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89,731
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89,218
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Basic EPS:
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Net income available to common shareholders
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$
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0.54
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$
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0.40
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$
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1.23
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$
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0.37
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Three Months Ended
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Six Months Ended
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June 30,
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June 30,
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Computation of Diluted EPS
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2016
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2015
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2016
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2015
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Net income available to common shareholders
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$
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48,393
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$
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35,379
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$
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110,584
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$
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32,858
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Add (deduct): Noncontrolling interest in Operating Partnership
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5,662
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4,383
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12,946
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4,069
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Net income for diluted earnings per share
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$
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54,055
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$
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39,762
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$
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123,530
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$
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36,927
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Weighted average common shares
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100,401
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100,314
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100,359
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100,313
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Diluted EPS:
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Net income available to common shareholders
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$
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0.54
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$
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0.40
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$
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1.23
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$
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0.37
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The following schedule reconciles the shares used in the basic EPS calculation to the shares used in the diluted EPS calculation: (in thousands)
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Three Months Ended
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Six Months Ended
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June 30,
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June 30,
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2016
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2015
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2016
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2015
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Basic EPS shares
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89,740
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89,244
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89,731
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89,218
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Add: Operating Partnership – common units
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10,499
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11,028
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10,504
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11,051
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Restricted Stock Awards
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55
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42
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52
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44
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Stock Options
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107
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-
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72
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-
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Diluted EPS Shares
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100,401
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100,314
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100,359
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100,313
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