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Content analysis
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- 10-K Annual report
- 3 Amended and Restated Bylaws of Hei
- 11 Computation of Earnings Per Share of Common Stock
- 12 Computation of Ratio of Earnings to Fixed Charges
- 21 Subsidiaries of Hei
- 23.1 Consent of Independent Registered Public Accounting Firm
- 31.1 Section 302 Certification of Hei Chief Executive Officer
- 31.2 Section 302 Certification of Hei Acting Chief Financial Officer
- 32.1 Section 906 Certification of Hei Chief Executive Officer
- 32.2 Section 906 Certification of Hei Acting Chief Financial Officer
- 99.1 Hawaiian Electric Industries Retirement Savings Plan
- 12 Computation of Ratio of Earnings to Fixed Charges
- 21 Subsidiaries of Heco
- 23.2 Consent of Independent Registered Public Accounting Firm
- 31.3 Section 302 Certification of Heco Chief Executive Officer
- 31.4 Section 302 Certification of Heco Chief Financial Officer
- 32.3 Section 906 Certification of Heco Chief Executive Officer
- 32.4 Section 906 Certification of Heco Chief Financial Officer
- 99.3 Reconciliation of Electric Utility Operating Income Per Hei and Heco
HEI Exhibit 11
Hawaiian Electric Industries, Inc.
COMPUTATION OF EARNINGS PER SHARE
OF COMMON STOCK
Years ended December 31, 2007, 2006, 2005, 2004 and 2003
(in thousands, except per share amounts) | 2007 | 2006 | 2005 | 2004 | 2003 | ||||||||||||
Net income (loss) | |||||||||||||||||
Continuing operations | $ | 84,779 | $ | 108,001 | $ | 127,444 | $ | 107,739 | $ | 118,048 | |||||||
Discontinued operations | — | — | (755 | ) | 1,913 | (3,870 | ) | ||||||||||
$ | 84,779 | $ | 108,001 | $ | 126,689 | $ | 109,652 | $ | 114,178 | ||||||||
Weighted-average number of common shares outstanding | 82,215 | 81,145 | 80,828 | 79,562 | 74,696 | ||||||||||||
Adjusted weighted-average number of common shares outstanding | 82,419 | 81,373 | 81,200 | 79,719 | 74,974 | ||||||||||||
Basic earnings (loss) per common share | |||||||||||||||||
Continuing operations | $ | 1.03 | $ | 1.33 | $ | 1.58 | $ | 1.36 | $ | 1.58 | |||||||
Discontinued operations | — | — | (0.01 | ) | 0.02 | (0.05 | ) | ||||||||||
$ | 1.03 | $ | 1.33 | $ | 1.57 | $ | 1.38 | $ | 1.53 | ||||||||
Diluted earnings (loss) per common share | |||||||||||||||||
Continuing operations | $ | 1.03 | $ | 1.33 | $ | 1.57 | $ | 1.36 | $ | 1.57 | |||||||
Discontinued operations | — | — | (0.01 | ) | 0.02 | (0.05 | ) | ||||||||||
$ | 1.03 | $ | 1.33 | $ | 1.56 | $ | 1.38 | $ | 1.52 | ||||||||
On April 20, 2004, the HEI Board of Directors approved a 2-for-1 stock split in the form of a 100% stock dividend with a record date of May 10, 2004 and a distribution date of June 10, 2004. All share and per share information has been adjusted to reflect the stock split for all periods presented.