XML 30 R9.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income Per Share
 6 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Income Per Share

3. Net Income Per Share

The computation of basic and diluted net income per share was as follows (in thousands, except per share data):

 

     Three Months Ended      Six Months Ended  
   December 31,      December 31,  
     2014      2013      2014      2013  

Numerator:

            

Net income

    $ 19,972       $ 17,334       $ 46,558       $ 52,273   
  

 

 

     

 

 

     

 

 

     

 

 

  

Denominator:

Shares, basic

   36,500      33,990      36,895      33,475   

Effect of dilutive share-based awards

   1,748      2,069      1,987      2,111   
  

 

 

     

 

 

     

 

 

     

 

 

  

Shares, diluted

   38,248      36,059      38,882      35,586   
  

 

 

     

 

 

     

 

 

     

 

 

  

Net income per share:

Basic

 $ 0.55    $ 0.51    $ 1.26    $ 1.56   
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted

 $ 0.52    $ 0.48    $ 1.20    $ 1.47   
  

 

 

     

 

 

     

 

 

     

 

 

  

Our basic net income per share amounts for each period presented have been computed using the weighted average number of shares of common stock outstanding. Our diluted net income per share amounts for each period presented include the weighted average effect of potentially dilutive shares. We use the “treasury stock” method to determine the dilutive effect of our stock options, deferred stock units, or DSUs, and market stock units, or MSUs.

Dilutive net income per share amounts do not include the potential weighted average effect of 532,982 and 315,275 shares of common stock related to certain share-based awards that were outstanding during the three months ended December 31, 2014 and 2013, respectively, and 332,892 and 317,438 shares of common stock related to certain share-based awards that were outstanding during the six months ended December 31, 2014 and 2013, respectively. These share-based awards were not included in the computation of diluted net income per share because their effect would have been antidilutive.