Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - WILLIS LEASE FINANCE CORP | wlfc-20170331x10q.htm |
| EX-32 - EX-32 - WILLIS LEASE FINANCE CORP | wlfc-20170331xex32.htm |
| EX-23.1 - EX-23.1 - WILLIS LEASE FINANCE CORP | wlfc-20170331ex231c5e567.htm |
| EX-31.2 - EX-31.2 - WILLIS LEASE FINANCE CORP | wlfc-20170331ex312b7d0a2.htm |
| EX-31.1 - EX-31.1 - WILLIS LEASE FINANCE CORP | wlfc-20170331ex3117887ec.htm |
Exhibit 11.1
WILLIS LEASE FINANCE CORPORATION
AND SUBSIDIARIES
Computation of Earnings Per Share
(In thousands, except per share data, unaudited)
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Three Months Ended March 31, |
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2017 |
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2016 |
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Earnings: |
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Net income attributable to common shareholders |
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$ |
7,839 |
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$ |
4,011 |
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Shares: |
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Average common shares outstanding |
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6,114 |
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7,149 |
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Basic earnings per common share |
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$ |
1.28 |
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$ |
0.56 |
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Assuming full dilution |
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Earnings: |
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Net income attributable to common shareholders |
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$ |
7,839 |
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$ |
4,011 |
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Shares: |
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Average common shares outstanding |
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6,114 |
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7,149 |
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Potentially dilutive common shares outstanding |
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126 |
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123 |
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Diluted average common shares outstanding |
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6,240 |
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7,272 |
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Diluted earnings per common share |
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$ |
1.26 |
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$ |
0.55 |
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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.