Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
 3 Months Ended
Dec. 31, 2011
Earnings Per Share  
Earnings Per Share

3. Earnings Per Share

 

The following table sets forth the components of basic and diluted earnings per share (in thousands):

 

 

 

Three Months
Ended December 31,

 

 

 

2011

 

2010

 

Numerator:

 

 

 

 

 

Income from continuing operations

 

17,658

 

$

17,587

 

Income (loss) from discontinued operations

 

46

 

(105

)

Net income

 

17,704

 

$

17,482

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Basic weighted average shares outstanding

 

33,663

 

34,361

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Employee stock options and unvested restricted stock units

 

894

 

1,059

 

Denominator for diluted earnings per share

 

34,557

 

35,420

 

 

No shares were excluded from the computation in calculating the earnings per share for the three months ended December 31, 2011 or 2010.