BASIC AND DILUTED NET INCOME ATTRIBUTABLE TO YAHOO! INC. COMMON STOCKHOLDERS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2013

Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share amounts):

	Years Ended December 31,
	2011			2012			2013
Basic:
Numerator:
Net income attributable to Yahoo! Inc.	$	1,048,827		$	3,945,479		$	1,366,281
Less: Net income allocated to participating securities		(15	)		(56	)		(28	)
Net income attributable to Yahoo! Inc. common stockholders—basic	$	1,048,812		$	3,945,423		$	1,366,253
Denominator:
Weighted average common shares		1,274,240			1,192,775			1,052,705
Net income attributable to Yahoo! Inc. common stockholders per share—basic	$	0.82		$	3.31		$	1.30
Diluted:
Numerator:
Net income attributable to Yahoo! Inc.	$	1,048,827		$	3,945,479		$	1,366,281
Less: Net income allocated to participating securities		(14	)		(55	)		(28	)
Less: Effect of dilutive securities issued by equity investees		(2,698	)		(4,920	)		(16,656	)
Net income attributable to Yahoo! Inc. common stockholders—diluted	$	1,046,115		$	3,940,504		$	1,349,597
Denominator:
Denominator for basic calculation		1,274,240			1,192,775			1,052,705
Weighted average effect of Yahoo! Inc. dilutive securities:
Restricted stock and restricted stock units		5,347			8,403			14,097
Stock options and employee stock purchase plan		2,695			1,728			4,009
Denominator for diluted calculation		1,282,282			1,202,906			1,070,811
Net income attributable to Yahoo! Inc. common stockholders per share—diluted	$	0.82		$	3.28		$	1.26