Green Dot 2010 Annual Report Download - page 91

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Note 11 — Earnings per Common Share (continued)
year ended December 31, 2010, the five months ended December 31, 2009, and the years ended July 31,
2009 and 2008 was as follows:
Year Ended
December 31, 2010
Five Months Ended
December 31, 2009 2009 2008
Year Ended
July 31,
(In thousands, except per share data)
Basic earnings per Class A common share
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 42,232 $— $— $—
Allocated earnings to preferred stock . . . . . . . . (14,659) ———
Allocated earnings to other classes of common
stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (24,408) ———
Net income allocated to Class A common
stockholders . . . . . . . . . . . . . . . . . . . . . . . . . . 3,165 ———
Weighted-average Class A shares issued and
outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . 2,980 ———
Basic earnings per Class A common share . . . . . $ 1.06 ———
Diluted earnings per Class A common share
Net income allocated to Class A common
stockholders . . . . . . . . . . . . . . . . . . . . . . . . . . 3,165 ———
Allocated earnings to participating securities,
net of re-allocated earnings . . . . . . . . . . . . . 24,366 ———
Re-allocated earnings . . . . . . . . . . . . . . . . . . . (231) ———
Diluted net income allocated to Class A common
stockholders . . . . . . . . . . . . . . . . . . . . . . . . . . 27,300 ———
Weighted-average Class A shares issued and
outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . 2,980 ———
Dilutive potential common shares:
Class B common stock . . . . . . . . . . . . . . . . . . 24,796 ———
Employee stock purchase plan . . . . . . . . . . . . . 6———
Diluted weighted-average Class A shares issued
and outstanding . . . . . . . . . . . . . . . . . . . . . . . 27,782 ———
Diluted earnings per Class A common share . . . . $ 0.98 ———
82
GREEN DOT CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)