Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
6 Months Ended
Mar. 31, 2012
Earnings Per Share  
Earnings Per Share

3. Earnings Per Share

 

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

 

 

 

Three Months
Ended March 31,

 

Six Months
Ended March 31,

 

 

 

2012

 

2011

 

2012

 

2011

 

Numerator:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

14,211

 

$

19,038

 

$

31,869

 

$

36,625

 

Income (loss) from discontinued operations

 

62

 

(819

)

108

 

(924

)

Net income

 

$

14,273

 

$

18,219

 

$

31,977

 

$

35,701

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

33,788

 

34,422

 

33,725

 

34,392

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Employee stock options and unvested restricted stock units

 

940

 

1,152

 

913

 

1,108

 

Denominator for diluted earnings (loss) per share

 

34,728

 

35,574

 

34,638

 

35,500

 

 

No shares were excluded from the computation in calculating the earnings per share for the three or six months ended March 31, 2012 or 2011.