Attached files
file | filename |
---|---|
EX-31.2 - EX-31.2 - WILLIS LEASE FINANCE CORP | wlfc-20160331ex3128104af.htm |
EX-31.1 - EX-31.1 - WILLIS LEASE FINANCE CORP | wlfc-20160331ex3110e1822.htm |
EX-32 - EX-32 - WILLIS LEASE FINANCE CORP | wlfc-20160331xex32.htm |
10-Q - 10-Q - WILLIS LEASE FINANCE CORP | wlfc-20160331x10q.htm |
WILLIS LEASE FINANCE CORPORATION
AND SUBSIDIARIES
Computation of Earnings Per Share
(In thousands, except per share data, unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
||||||||
|
|
|
|
|
|
2016 |
|
2015 |
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
|
|
|
|
|
|
$ |
3,768 |
|
$ |
2,298 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Average common shares outstanding |
|
|
|
|
|
|
|
|
7,149 |
|
|
7,848 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per common share |
|
|
|
|
|
|
|
$ |
0.53 |
|
$ |
0.29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assuming full dilution |
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
|
|
|
|
|
|
$ |
3,768 |
|
$ |
2,298 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Average common shares outstanding |
|
|
|
|
|
|
|
|
7,149 |
|
|
7,848 |
|
Potentially dilutive common shares outstanding |
|
|
|
|
|
|
|
|
123 |
|
|
196 |
|
Diluted average common shares outstanding |
|
|
|
|
|
|
|
|
7,272 |
|
|
8,044 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted earnings per common share |
|
|
|
|
|
|
|
$ |
0.52 |
|
$ |
0.29 |
|
Supplemental information:
The difference between average common shares outstanding to calculate basic and assuming full dilution is due to options outstanding under the 1996 Stock Options/Stock Issuance Plan and restricted stock issued under the 2007 Stock Incentive Plan.