Hardaway Fixtures' balance sheet at December 31, 2017, included the following:

Shares issued and outstanding:
Common stock, $1 par	$	940,000
Nonconvertible preferred stock, $50 par		15,000

On July 21, 2018, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $40,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $3,400,000. Required:

Compute Hardaway's earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.)