Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Accounting Policy Earnings Per Share (Tables)

v3.2.0.727
Basis of Presentation and Accounting Policy Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares [Table Text Block]
Computations of basic and diluted earnings (loss) per common share of SEACOR were as follows (in thousands, except share data):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
Net Income attributable to SEACOR
 
Average O/S Shares
 
Per Share
 
Net Income (Loss) Attributable to SEACOR
 
Average O/S Shares
 
Per Share
2015
 
 
 
 
 
 
 
 
 
 
 
Basic Weighted Average Common Shares Outstanding
$
687

 
17,780,759

 
$
0.04

 
$
(18,882
)
 
17,779,250

 
$
(1.06
)
Effect of Dilutive Share Awards:
 
 
 
 
 
 
 
 
 
 
 
Options and Restricted Stock(1)

 
301,705

 
 
 

 

 
 
Convertible Notes(2)(3)

 

 
 
 

 

 
 
Diluted Weighted Average Common Shares Outstanding
$
687

 
18,082,464

 
$
0.04

 
$
(18,882
)
 
17,779,250

 
$
(1.06
)
2014
 
 
 
 
 
 
 
 
 
 
 
Basic Weighted Average Common Shares Outstanding
$
21,067

 
19,989,402

 
$
1.05

 
$
32,576

 
20,049,056

 
$
1.62

Effect of Dilutive Share Awards:
 
 
 
 
 
 
 
 
 
 
 
Options and Restricted Stock(1)

 
394,567

 
 
 

 
416,288

 
 
Convertible Notes(2)
3,148

 
4,200,525

 
 
 
6,287

 
4,200,525

 
 
Diluted Weighted Average Common Shares Outstanding
$
24,215

 
24,584,494

 
$
0.98

 
$
38,863

 
24,665,869

 
$
1.58

______________________
(1)
For the three months ended June 30, 2015 and 2014, diluted earnings per common share of SEACOR excluded 685,645 and 365,398, respectively, of certain share awards as the effect of their inclusion in the computation would be anti-dilutive. For the six months ended June 30, 2015 and 2014, diluted earnings per common share of SEACOR excluded 2,017,788 and 288,510, respectively, of certain share awards as the effect of their inclusion in the computation would be anti-dilutive.
(2)
For the three and six months ended June 30, 2015 and 2014, diluted earnings per common share of SEACOR excluded 1,825,326 common shares issuable pursuant to the Company's 3.0% Convertible Senior Notes as the effect of their inclusion in the computation would be anti-dilutive.
(3)
For the three and six months ended June 30, 2015, diluted earnings per common share of SEACOR excluded 4,200,525 common shares issuable pursuant to the Company's 2.5% Convertible Senior Notes as the effect of their inclusion in the computation would be anti-dilutive.