XML 93 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Income Per Share
9 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Net Income Per Share
PER SHARE
Basic earnings per share are computed by dividing net income, attributable to OpenText, by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income, attributable to OpenText, by the shares used in the calculation of basic earnings per share plus the dilutive effect of Common Share equivalents, such as stock options, using the treasury stock method. Common Share equivalents are excluded from the computation of diluted earnings per share if their effect is anti-dilutive. 
 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
 
 
2014
 
2013
 
2014
 
2013
Basic earnings per share
 
 
 
 
 
 
 
 
Net income attributable to OpenText
 
$
45,884

 
$
25,811

 
$
130,014

 
$
106,348

Basic earnings per share attributable to OpenText
 
$
0.38

 
$
0.22

 
$
1.09

 
$
0.91

Diluted earnings per share
 
 
 
 
 
 
 
 
Net income attributable to OpenText
 
$
45,884

 
$
25,811

 
$
130,014

 
$
106,348

Diluted earnings per share attributable to OpenText
 
$
0.38

 
$
0.22

 
$
1.08

 
$
0.90

Weighted-average number of shares outstanding
 
 
 
 
 
 
 
 
Basic
 
120,873

 
117,192

 
119,048

 
117,028

Effect of dilutive securities
 
1,227

 
962

 
983

 
974

Diluted
 
122,100

 
118,154

 
120,031

 
118,002

Excluded as anti-dilutive*
 
1,056

 
2,426

 
547

 
2,216

* Represents options to purchase Common Shares excluded from the calculation of diluted earnings per share because the exercise price of the stock options was greater than or equal to the average price of the Common Shares during the period.