Hardaway Fixtures' balance sheet at December 31, 2015, included the following:

Shares issued and outstanding:
Common stock, $1 par	$	1,100,000
Nonconvertible preferred stock, $50 par		30,000

On July 21, 2016, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $80,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2016, was $5,000,000.

Required:

Compute Hardaway's earnings per share for the year ended December 31, 2016. (Enter your answers in thousands.)