Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
3 Months Ended
Dec. 31, 2012
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,

 

 

 

2012

 

2011

 

Numerator:

 

 

 

 

 

Income from continuing operations

 

$

21,783

 

$

17,658

 

Income (loss) from discontinued operations

 

(467

)

46

 

Net income

 

$

21,316

 

$

17,704

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Basic weighted average shares outstanding

 

34,081

 

33,663

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Employee stock options and unvested restricted stock units

 

795

 

894

 

Denominator for diluted earnings per share

 

34,876

 

34,557

 

 

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