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Earnings per Share (Tables)
 12 Months Ended
Sep. 30, 2014
Earnings per Share  
Schedule of computation of basic and diluted EPS

                                                                                                                                                                                    

(in thousands, except per-share amounts)

 

2012

 

2013

 

2014

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$
(26,429

)

$
8,285

 

$
16,473

 

Income from continuing operations attributable to non-controlling interest

 

 
0

 

 
0

 

 
(774

)

Adjustment of estimated redemption value of non-controlling interest

 

 
0

 

 
0

 

 
(176

)

 

 

 

 

 

 

 

 

Numerator for basic and diluted earnings per share from continuing operations—income (loss) from continuing operations attributable to Headwaters Incorporated

 

 
(26,429

)

 
8,285

 

 
15,523

 

Numerator for basic and diluted earnings per share from discontinued operations—income (loss) from discontinued operations, net of income taxes

 

 
(35,819

)

 
(1,148

)

 
(415

)

 

 

 

 

 

 

 

 

Numerator for basic and diluted earnings per share—net income (loss) attributable to Headwaters Incorporated

 

$
(62,248

)

$
7,137

 

$
15,108

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share—weighted-average shares outstanding

 

 
60,894

 

 
70,128

 

 
73,160

 

Effect of dilutive securities—shares issuable upon exercise of options and SARs and vesting of restricted stock

 

 
0

 

 
1,124

 

 
1,291

 

 

 

 

 

 

 

 

 

Denominator for diluted earnings per share—weighted-average shares outstanding after assumed exercises and vesting

 

 
60,894

 

 
71,252

 

 
74,451

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted income (loss) per share from continuing operations

 

$
(0.43

)

$
0.12

 

$
0.21

 

Basic and diluted income (loss) per share from discontinued operations

 

 
(0.59

)

 
(0.02

)

 
(0.01

)

 

 

 

 

 

 

 

 

Basic and diluted income (loss) per share

 

$
(1.02

)

$
0.10

 

$
0.20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive securities not considered in diluted EPS calculation:

 

 

 

 

 

 

 

 

 

 

SARs

 

 
2,957

 

 
2,479

 

 
2,279

 

Stock options

 

 
1,356

 

 
906

 

 
446

 

Restricted stock

 

 
82

 

 
105

 

 
126