The following table presents HSNi’s basic and diluted earnings per share (in thousands, except per share data):
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
|
2013 |
|
2012 |
Net income (loss): |
|
|
|
|
|
|
Continuing operations |
|
$ |
31,553 |
|
|
$ |
27,288 |
|
Discontinued operations |
|
(9 |
) |
|
(1,118 |
) |
Net income |
|
$ |
31,544 |
|
|
$ |
26,170 |
|
|
|
|
|
|
Weighted average number of shares outstanding: |
|
|
|
|
Basic |
|
54,787 |
|
|
58,310 |
|
Dilutive effect of stock-based compensation awards |
|
1,491 |
|
|
1,743 |
|
Diluted |
|
56,278 |
|
|
60,053 |
|
|
|
|
|
|
Net income (loss) per share - basic: |
|
|
|
|
Continuing operations |
|
$ |
0.58 |
|
|
$ |
0.47 |
|
Discontinued operations |
|
— |
|
|
(0.02 |
) |
Net income |
|
$ |
0.58 |
|
|
$ |
0.45 |
|
|
|
|
|
|
Net income (loss) per share - diluted: |
|
|
|
|
Continuing operations |
|
0.56 |
|
|
0.45 |
|
Discontinued operations |
|
$ |
— |
|
|
$ |
(0.01 |
) |
Net income |
|
$ |
0.56 |
|
|
$ |
0.44 |
|
|
|
|
|
|
Unexercised employee stock options and stock appreciation rights and unvested restricted stock units excluded from the diluted EPS calculation because their effect would have been antidilutive |
|
515 |
|
|
939 |
|
|