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Income Per Share
 9 Months Ended
Sep. 30, 2012
Income Per Share [Abstract]  
Income Per Share

Note 12. Income Per Share

The following is a reconciliation of the numerators and denominators of basic and diluted per share computations for net income attributable to Viad:

 

                                 
    Three months ended
September 30,		     Nine months ended
September 30,		  
    2012     2011     2012     2011  
    (in thousands, except per share data)  

Basic net income per share

                                

Numerator:

                                

Net income attributable to Viad

   $ 19,976     $ 1,245     $ 27,093     $ 15,517  

Less: Allocation to non-vested shares

     (532 )      (34 )      (735 )      (412 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income allocated to Viad common stockholders

   $ 19,444     $ 1,211     $ 26,358     $ 15,105  
   

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

                                

Weighted-average outstanding common shares

     19,721       19,711       19,694       19,768  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income attributable to Viad common stockholders

   $ 0.99     $ 0.06     $ 1.34     $ 0.76  
   

 

 

    

 

 

    

 

 

    

 

 

  

Diluted net income per share

                                

Numerator:

                                

Net income attributable to Viad

   $ 19,976     $ 1,245     $ 27,093     $ 15,517  
   

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

                                

Weighted-average outstanding common shares

     19,721       19,711       19,694       19,768  

Additional dilutive shares related to share-based compensation

     296       322       299       321  
   

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average outstanding and potentially dilutive shares

     20,017       20,033       19,993       20,089  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income attributable to Viad common stockholders (1)

   $ 0.99     $ 0.06     $ 1.34     $ 0.76  
   

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) 

Diluted income per share cannot exceed basic income per share.

Options to purchase 436,000 and 313,000 shares of common stock were outstanding during the nine months ended September 30, 2012 and 2011, respectively, but were not included in the computation of dilutive shares outstanding because the effect would be anti-dilutive. Additionally, 296,000 and 322,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share during the three months ended September 30, 2012 and 2011, respectively. During the nine months ended September 30, 2012 and 2011, 299,000 and 321,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share, respectively.