Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
6 Months Ended
Mar. 31, 2014
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,

 

 

 

2014

 

2013

 

2014

 

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

41,162

 

$

31,714

 

$

74,962

 

$

53,497

 

Income (loss) from discontinued operations

 

45

 

(25

)

104

 

(492

)

Net income

 

$

41,207

 

$

31,689

 

$

75,066

 

$

53,005

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

67,884

 

68,179

 

68,143

 

68,171

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Employee stock options and unvested restricted stock units

 

1,423

 

1,730

 

1,395

 

1,664

 

Denominator for diluted earnings (loss) per share

 

69,307

 

69,909

 

69,538

 

69,835

 

 

No shares were excluded from the computation in calculating the earnings per share for the three or six months ended March 31, 2014 or 2013.