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Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Basic And Diluted Earnings Per Share


		Three months ended						Nine months ended
		March 31,						March 31,
		2014			2013			2014			2013
	(in thousands except percent and per share data)						(in thousands except percent and per share data)
Numerator:
Net income (loss) attributable to Net1	$	17,182		$	(4,681	)	$	41,527		$	4,692
Undistributed earnings (loss)		17,182			(4,681	)		41,527			4,692
Percent allocated to common shareholders
(Calculation 1)		99	%		99	%		99	%		99	%
Numerator for earnings (loss) per share:
basic and diluted	$	16,944		$	(4,634	)	$	40,917		$	4,637

Denominator:
Denominator for basic earnings per share:
weighted-average common shares
outstanding		45,142			45,098			45,070			45,018
Effect of dilutive securities:
Performance shares related to
acquisition		-			16			-			5
Stock options		91			26			106			37
Denominator for diluted earnings per
share: adjusted weighted average
common shares outstanding and
assumed conversion		45,233			45,140			45,176			45,060

Earnings (loss) per share:
Basic	$	0.38		$	(0.10	)	$	0.91		$	0.10
Diluted	$	0.37		$	(0.10	)	$	0.90		$	0.10

(Calculation 1)
Basic weighted-average common shares
outstanding (A)		45,142			45,098			45,070			45,018
Basic weighted-average common shares
outstanding and unvested restricted shares
expected to vest (B)		45,776			45,557			45,742			45,552
Percent allocated to common shareholders
(A) / (B)		99	%		99	%		99	%		99	%