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Income Per Share
 6 Months Ended
Jun. 30, 2013
Earnings 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
June 30,		     Six months ended
June 30,		  
     2013     2012     2013     2012  
     (in thousands, except per share data)  

Basic net income per share

         

Numerator:

         

Net income attributable to Viad

    $ 6,253      $ 6,090      $ 14,318      $ 7,117   

Less: Allocation to non-vested shares

      (142 )      (163 )      (338 )      (194 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net income allocated to Viad common stockholders

    $ 6,111      $ 5,927      $ 13,980      $ 6,923   
  

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

         

Weighted-average outstanding common shares

      19,860        19,716        19,825        19,680   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net income attributable to Viad common stockholders

    $ 0.31      $ 0.30      $ 0.71      $ 0.35   
  

 

 

    

 

 

    

 

 

    

 

 

  

Diluted net income per share

         

Numerator:

         

Net income attributable to Viad

    $ 6,253      $ 6,090      $ 14,318      $ 7,117   
  

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

         

Weighted-average outstanding common shares

      19,860        19,716        19,825        19,680   

Additional dilutive shares related to share-based compensation

      299        245        352        270   
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average outstanding and potentially dilutive shares

      20,159        19,961        20,177        19,950   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net income attributable to Viad common stockholders (1)

    $ 0.31      $ 0.30      $ 0.71      $ 0.35   
  

 

 

    

 

 

    

 

 

    

 

 

  

 

(1)

Diluted income per share cannot exceed basic income per share.

 

Options to purchase 48,000 and 390,000 shares of common stock were outstanding during the six months ended June 30, 2013 and 2012, respectively, but were not included in the computation of dilutive shares outstanding because the effect would be anti-dilutive. Additionally, 299,000 and 245,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share during the three months ended June 30, 2013 and 2012, respectively. During the six months ended June 30, 2013 and 2012, 352,000 and 270,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share, respectively.