Sonic Automotive, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Per Share Data and Stockholders' Equity (Tables)

Per Share Data and Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2012

Per Share Data and Stockholders' Equity [Abstract]

Dilutive effect on earnings per share


		Third Quarter Ended September 30, 2012
						Income (Loss) From Continuing Operations								Income (Loss) From Discontinued Operations
						Income (Loss) From Continuing Operations								Income (Loss) From Discontinued Operations								Net Income (Loss)
		Weighted Average Shares				Amount				Per Share Amount				Amount				Per Share Amount				Amount				Per Share Amount
		(In thousands, except per share amounts)
Earnings (loss) and shares			55,069			$	11,840							$	(1,798	)						$	10,042
Effect of participating securities:
Non-vested restricted stock and stock units							(175	)							—								(175	)

Basic earnings (loss) and shares			55,069			$	11,665			$	0.21			$	(1,798	)		$	(0.03	)		$	9,867			$	0.18
Effect of dilutive securities:
Contingently convertible debt (5.0% Convertible Notes)			3,534				618								2								620
Stock compensation plans			408

Diluted earnings (loss) and shares			59,011			$	12,283			$	0.21			$	(1,796	)		$	(0.03	)		$	10,487			$	0.18


		Third Quarter Ended September 30, 2011
						Income (Loss) From Continuing Operations								Income (Loss) From Discontinued Operations
						Income (Loss) From Continuing Operations								Income (Loss) From Discontinued Operations								Net Income (Loss)
		Weighted Average Shares				Amount				Per Share Amount				Amount				Per Share Amount				Amount				Per Share Amount
		(In thousands, except per share amounts)
Earnings (loss) and shares			52,366			$	20,111							$	(710	)						$	19,401
Effect of participating securities:
Non-vested restricted stock and stock units							(263	)							—								(263	)

Basic earnings (loss) and shares			52,366			$	19,848			$	0.38			$	(710	)		$	(0.01	)		$	19,138			$	0.37
Effect of dilutive securities:
Contingently convertible debt (5.0% Convertible Notes)			12,590				2,329								37								2,366
Stock compensation plans			561

Diluted earnings (loss) and shares			65,517			$	22,177			$	0.34			$	(673	)		$	(0.01	)		$	21,504			$	0.33


		Nine Months Ended September 30, 2012
						Income (Loss) From Continuing Operations								Income (Loss) From Discontinued Operations
						Income (Loss) From Continuing Operations								Income (Loss) From Discontinued Operations								Net Income (Loss)
		Weighted Average Shares				Amount				Per Share Amount				Amount				Per Share Amount				Amount				Per Share Amount
		(In thousands, except per share amounts)
Earnings (loss) and shares			53,302			$	61,538							$	(2,819	)						$	58,719
Effect of participating securities:
Non-vested restricted stock and stock units							(934	)							—								(934	)

Basic earnings (loss) and shares			53,302			$	60,604			$	1.14			$	(2,819	)		$	(0.06	)		$	57,785			$	1.08
Effect of dilutive securities:
Contingently convertible debt (5.0% Convertible Notes)			8,563				4,638								43								4,681
Stock compensation plans			435

Diluted earnings (loss) and shares			62,300			$	65,242			$	1.05			$	(2,776	)		$	(0.05	)		$	62,466			$	1.00


		Nine Months Ended September 30, 2011
						Income (Loss) From Continuing Operations								Income (Loss) From Discontinued Operations
						Income (Loss) From Continuing Operations								Income (Loss) From Discontinued Operations								Net Income (Loss)
		Weighted Average Shares				Amount				Per Share Amount				Amount				Per Share Amount				Amount				Per Share Amount
		(In thousands, except per share amounts)
Earnings (loss) and shares			52,414			$	59,083							$	(3,367	)						$	55,716
Effect of participating securities:
Non-vested restricted stock and stock units							(773	)							—								(773	)

Basic earnings (loss) and shares			52,414			$	58,310			$	1.11			$	(3,367	)		$	(0.06	)		$	54,943			$	1.05
Effect of dilutive securities:
Contingently convertible debt (5.0% Convertible Notes)			12,789				6,851								119								6,970
Stock compensation plans			597

Diluted earnings (loss) and shares			65,800			$	65,161			$	0.99			$	(3,248	)		$	(0.05	)		$	61,913			$	0.94