Net Income (Loss) Per Share (Notes)

3 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Net Income (Loss) Per Share

We calculate basic net income (loss) per share by dividing net income (loss) attributable to Concur for the period by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share attributable to Concur is computed giving effect to all potential weighted average diluted common stock, including options, restricted stock units, warrants and the senior convertible notes, using the treasury stock method.

The computation of basic and diluted net income (loss) per share is as follows:

	Three Months Ended
	December 31,
	2012			2011
Net loss attributable to Concur	$	(12,032	)	$	(868	)
Weighted average number of shares outstanding:
Basic	55,082			54,096
Diluted	55,082			54,096
Net loss per share attributable to Concur common stockholders:
Basic	$	(0.22	)	$	(0.02	)
Diluted	(0.22		)	(0.02		)

The following table presents shares of potential common stock outstanding that were excluded from the computation of diluted net income (loss) per share because the effect of these shares in the computation of diluted net income (loss) per share would have been anti-dilutive.

	Three Months Ended
	December 31,
	2012	2011
Share-based equity awards	3,729	3,417
Senior convertible notes	5,491	5,491
Warrants associated with the senior convertible notes	5,491	5,491

Under the treasury stock method, the senior convertible notes will generally not have a dilutive impact on net income per share until the average stock price for the period exceeds the conversion price for the senior convertible notes (see Note 9 of the Notes to Consolidated Financial Statements).

We also have entered into the note hedge transactions (“Note Hedges”) with respect to our common stock (discussed in Note 9), to minimize the impact of potential economic dilution upon conversion of the senior convertible notes. The Note Hedges were outstanding during the three months ended December 31, 2012 and 2011. Since the beneficial impact of the Note Hedges was anti-dilutive, it was excluded from the calculation of diluted net income per share.