Gulfport Energy Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share

6 Months Ended

Jun. 30, 2013

EARNINGS PER SHARE

Reconciliations of the components of basic and diluted net income per common share for the three and six months ended June 30, 2013 and 2012 are presented in the tables below:



	Three Months Ended June 30,
	2013					2012
	Income		Shares	Per Share		Income		Shares	Per Share
	(In thousands, except share data)
Basic:
Net income	$	43,828	77,428,605	$	0.57	$	25,117	55,656,274	$	0.45
Effect of dilutive securities:
Stock options and awards	—		478,182			—		677,821
Diluted:
Net income	$	43,828	77,906,787	$	0.56	$	25,117	56,334,095	$	0.45



	Six Months Ended June 30,
	2013					2012
	Income		Shares	Per Share		Income		Shares	Per Share
	(In thousands, except share data)
Basic:
Net income	$	88,387	75,142,113	$	1.18	$	51,986	55,641,241	$	0.93
Effect of dilutive securities:
Stock options and awards	—		457,495			—		534,007
Diluted:
Net income	$	88,387	75,599,608	$	1.17	$	51,986	56,175,248	$	0.93

There were no potential shares of common stock that were considered anti-dilutive for the three and six months ended June 30, 2013 and 2012.

- Definition

The entire disclosure for earnings per share.

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