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Income Per Share
3 Months Ended
Mar. 31, 2013
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 for the three months ended March 31:

 

                 
    2013     2012  
    (in thousands, except per share data)  

Basic net income per share

               

Numerator:

               

Net income attributable to Viad

  $ 8,065     $ 1,027  

Less: Allocation to non-vested shares

    (198     (28
   

 

 

   

 

 

 

Net income allocated to Viad common stockholders

  $ 7,867     $ 999  
   

 

 

   

 

 

 

Denominator:

               

Weighted-average outstanding common shares

    19,790       19,645  
   

 

 

   

 

 

 

Net income attributable to Viad common stockholders

  $ 0.40     $ 0.05  
   

 

 

   

 

 

 

Diluted net income per share

               

Numerator:

               

Net income attributable to Viad

  $ 8,065     $ 1,027  
   

 

 

   

 

 

 

Denominator:

               

Weighted-average outstanding common shares

    19,790       19,645  

Additional dilutive shares related to share-based compensation

    403       272  
   

 

 

   

 

 

 

Weighted-average outstanding and potentially dilutive shares

    20,193       19,917  
   

 

 

   

 

 

 

Net income attributable to Viad common stockholders (1)

  $ 0.40     $ 0.05  
   

 

 

   

 

 

 

 

(1)

Diluted income per share cannot exceed basic income per share.

Options to purchase 54,000 and 267,000 shares of common stock were outstanding during the three months ended March 31, 2013 and 2012, respectively, but were not included in the computation of dilutive shares outstanding because the effect would be anti-dilutive. Additionally, 403,000 and 272,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share during the three months ended March 31, 2013 and 2012, respectively.