Sonic Automotive, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Capital Structure and Per Share Data (Tables)

Capital Structure and Per Share Data (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Dilutive Effect on Earnings Per Share

The following table illustrates the dilutive effect of such items on earnings per share for the years ended December 31, 2016, 2015 and 2014:

		For the Year Ended December 31, 2016
						Income (Loss)								Income (Loss)
						From Continuing								From Discontinued								Net
						Operations								Operations								Income (Loss)
		Weighted								Per								Per								Per
		Average								Share								Share								Share
		Shares				Amount				Amount				Amount				Amount				Amount				Amount
		(In thousands, except per share amounts)

Earnings (loss) and shares			45,637			$	94,516							$	(1,323	)						$	93,193
Effect of participating securities:
Non-vested restricted stock							(52	)							-								(52	)
Basic earnings (loss) and shares			45,637			$	94,464			$	2.07			$	(1,323	)		$	(0.03	)		$	93,141			$	2.04
Effect of dilutive securities:
Stock compensation plans			311
Diluted earnings (loss) and shares			45,948			$	94,464			$	2.06			$	(1,323	)		$	(0.03	)		$	93,141			$	2.03

		For the Year Ended December 31, 2015
						Income (Loss)								Income (Loss)
						From Continuing								From Discontinued								Net
						Operations								Operations								Income (Loss)
		Weighted								Per								Per								Per
		Average								Share								Share								Share
		Shares				Amount				Amount				Amount				Amount				Amount				Amount
		(In thousands, except per share amounts)

Earnings (loss) and shares			50,489			$	88,091							$	(1,780	)						$	86,311
Effect of participating securities:
Non-vested restricted stock							(36	)							-								(36	)
Basic earnings (loss) and shares			50,489			$	88,055			$	1.74			$	(1,780	)		$	(0.03	)		$	86,275			$	1.71
Effect of dilutive securities:
Stock compensation plans			394
Diluted earnings (loss) and shares			50,883			$	88,055			$	1.73			$	(1,780	)		$	(0.03	)		$	86,275			$	1.70

		For the Year Ended December 31, 2014
						Income (Loss)								Income (Loss)
						From Continuing								From Discontinued										Net
						Operations								Operations								Income (Loss)
		Weighted								Per								Per								Per
		Average								Share								Share								Share
		Shares				Amount				Amount				Amount				Amount				Amount				Amount
		(In thousands, except per share amounts)

Earnings (loss) and shares			52,065			$	98,559							$	(1,342	)						$	97,217
Effect of participating securities:
Non-vested restricted stock and restricted stock units							(311	)							-								(311	)
Basic earnings (loss) and shares			52,065			$	98,248			$	1.89			$	(1,342	)		$	(0.03	)		$	96,906			$	1.86
Effect of dilutive securities:
Stock compensation plans			498
Diluted earnings (loss) and shares			52,563			$	98,248			$	1.87			$	(1,342	)		$	(0.03	)		$	96,906			$	1.84