Other operating expenses 1,135 1,141
2,908 2,752
Income before equity in income of unconsolidated
limited liability companies ("LLCs"), property
damage recovered from UHS (Chalmette) and
interest expense 4,071 4,291
Equity in income of unconsolidated LLCs
(including recognition of gain on sale of
real property of $252 during the three months
ended March 31, 2007) 612 947
Replacement property recovered from UHS - Chalmette - 789
Interest expense (525) (362)
Income from continuing operations 4,158 5,665
Income from discontinued operations, net - 146
Net income $4,158 $5,811
Basic earnings per share:
From continuing operations $0.35 $0.48
From discontinued operations $0.00 $0.01
Total basic earnings per share $0.35 $0.49
Diluted earnings per share:
From continuing operations $0.35 $0.48
From discontinued operations $0.00 $0.01
Total diluted earnings per share $0.35 $0.49
Weighted average number of shares outstanding
- Basic 11,843 11,792
Weighted average number of share equivalents 38 113
Weighted average number of shares and
equivalents outstanding - Diluted 11,881 11,905
Calculation of Funds From Operations ("FFO"):
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