Net Income (Loss) Per Share (Notes)

6 Months Ended

Mar. 31, 2014

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 convertible senior notes, using the treasury stock method.

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

	Three Months Ended March 31,						Six Months Ended March 31,
	2014			2013			2014			2013
Net loss attributable to Concur	$	(55,981	)	$	(7,645	)	$	(80,201	)	$	(19,677	)
Weighted average number of shares outstanding:
Basic	56,589			55,597			56,320			55,337
Diluted	56,589			55,597			56,320			55,337
Net loss per share attributable to Concur common stockholders:
Basic	$	(0.99	)	$	(0.14	)	$	(1.42	)	$	(0.36	)
Diluted	(0.99		)	(0.14		)	(1.42		)	(0.36		)

We excluded certain shares from the computation of diluted net income (loss) per share because the effect of these shares would have been anti-dilutive. The following table details the shares of potential common stock outstanding as of the dates identified below, which were excluded from the computation of diluted net income (loss) per share for the three and six month periods then ended.

	As of March 31,
	2014	2013
Share-based equity awards	2,663	2,878
2015 convertible senior notes	5,491	5,491
Warrants associated with the 2015 convertible senior notes	5,491	5,491
2018 convertible senior notes	4,662	—
Warrants associated with the 2018 convertible senior notes	4,662	—

Under the treasury stock method, the 2015 and 2018 convertible senior notes have a dilutive impact on net income per share when the average stock price for the period exceeds the respective conversion price for the 2015 and 2018 convertible senior notes (see Note 9 of the Notes to Consolidated Financial Statements).

We also have entered into note hedge transactions in connection with our 2015 and 2018 convertible senior notes (“2015 Note Hedges” and “2018 Note Hedges,” respectively, and together, the “Note Hedges”) with respect to our common stock (discussed in Note 9 of the Notes to Consolidated Financial Statements), to minimize the impact of potential economic dilution upon conversion of our 2015 and 2018 convertible senior notes. The Note Hedges were outstanding during the three and six months ended March 31, 2014, and the 2015 Note Hedges were outstanding during the same period of 2013. Since the beneficial impact of the Note Hedges was anti-dilutive, they were excluded from the calculation of diluted net income (loss) per share.