Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
 3 Months Ended
Dec. 31, 2013
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,

 

 

 

2013

 

2012

 

Numerator:

 

 

 

 

 

Income from continuing operations

 

$

33,800

 

$

21,783

 

Income (loss) from discontinued operations

 

59

 

(467

)

Net income

 

$

33,859

 

$

21,316

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Basic weighted average shares outstanding

 

68,397

 

68,162

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Employee stock options and unvested restricted stock units

 

1,365

 

1,590

 

Denominator for diluted earnings per share

 

69,762

 

69,752

 

 

No shares were excluded from the computation in calculating the earnings per share for the three months ended December 31, 2013 or 2012.