Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - BRE PROPERTIES INC /MD/ | Financial_Report.xls |
EX-12 - EX-12 - BRE PROPERTIES INC /MD/ | d513418dex12.htm |
EX-32.1 - EX-32.1 - BRE PROPERTIES INC /MD/ | d513418dex321.htm |
EX-32.2 - EX-32.2 - BRE PROPERTIES INC /MD/ | d513418dex322.htm |
EX-31.2 - EX-31.2 - BRE PROPERTIES INC /MD/ | d513418dex312.htm |
EX-31.1 - EX-31.1 - BRE PROPERTIES INC /MD/ | d513418dex311.htm |
10-Q - FORM 10-Q - BRE PROPERTIES INC /MD/ | d513418d10q.htm |
Exhibit 11
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
(Dollar amounts in thousands)
For the Three months Ended March 31, | ||||||||
2013 | 2012 | |||||||
Numerator: |
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Income from continuing operations |
$ | 34,986 | $ | 18,067 | ||||
Income from discontinued operations |
| 1,057 | ||||||
Preferred stock dividend |
(911 | ) | (911 | ) | ||||
Redeemable noncontrolling interests in income |
(48 | ) | (105 | ) | ||||
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Net income available to common shareholders |
$ | 34,027 | $ | 18,108 | ||||
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Denominator: |
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Denominator for basic earnings per shareweighted average shares |
76,990 | 76,000 | ||||||
Dilutive effect of stock based awards |
260 | 380 | ||||||
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Denominator for diluted earnings per share adjusted for weighted average shares and assumed conversion(1) |
77,250 | 76,380 | ||||||
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Basic earnings per share from continuing operations |
$ | 0.44 | $ | 0.23 | ||||
Basic earnings per share from discontinued operations |
0.00 | 0.01 | ||||||
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Basic earnings per share |
$ | 0.44 | $ | 0.24 | ||||
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Diluted earnings per share from continuing operations |
$ | 0.44 | $ | 0.23 | ||||
Diluted earnings per share from discontinued operations |
0.00 | 0.01 | ||||||
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Diluted earnings per share |
$ | 0.44 | $ | 0.24 | ||||
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(1) | There were zero and 60,000 average anti-dilutive operating company units outstanding for the three months ended March 31, 2013 and 2012, respectively. |