Notes to the Consolidated Financial Statements
Dollar amounts are in thousands of Canadian dollars (except share and per share amounts)
22. Per Share Information
the following is the weighted average number of shares outstanding for the years ended December 31, 2013 and 2012.  the fully 
diluted amounts shown below exclude stock options and warrants whose exercise price exceeded the average market price for the 
year and are considered anti‑dilutive.
For the years ended December 31, 2013 2012
Weighted average shares outstanding ‑ basic 54,142,897 50,226,973
Unexercised dilutive options 232,877 506,233
r estricted share units 126,014 63,869
Convertible debentures 9,875,954 7,441,730
Weighted average shares outstanding ‑ diluted 64,377,742 58,238,805
The following is the adjustment to net income applicable to common shareholders used in the diluted earnings per share calculation.
For the years ended December 31, 2013 2012
net income applicable to common shareholders $39,779 $51,727
Adjustment for dilutive effect of convertible debentures 4,681 4,642
Adjusted net income for diluted per share amounts $44,460 $56,369
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