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NET INCOME PER SHARE
 6 Months Ended
May 31, 2013
Earnings Per Share [Abstract]  
NET INCOME PER SHARE
NET INCOME PER SHARE
The following table sets forth the computation of basic and diluted net income per share for the periods indicated (in thousands, except per share data):
 
 
 
Three Months Ended
May 31,
 
Six Months Ended
May 31,
 
 
2013
 
2012
 
2013
 
2012
Net income attributable to TIBCO Software Inc.
 
$
8,715

 
$
26,492

 
$
18,220

 
$
47,133

Weighted-average shares of common stock used to compute basic net income per share
 
160,877

 
160,437

 
161,199

 
160,949

Effect of dilutive common stock equivalents:
 
 
 
 
 
 
 
 
Stock options
 
4,709

 
7,140

 
4,911

 
7,224

Stock awards
 
1,921

 
1,879

 
2,203

 
1,989

Employee stock purchase program
 
—

 
21

 
7

 
11

Weighted-average shares of common stock used to compute diluted net income per share
 
167,507

 
169,477

 
168,320

 
170,173

Net income per share attributable to TIBCO Software Inc.:
 
 
 
 
 
 
 
 
Basic
 
$
0.05

 
$
0.17

 
$
0.11

 
$
0.29

Diluted
 
$
0.05

 
$
0.16

 
$
0.11

 
$
0.28



The following potential common stock equivalents are not included in the diluted net income per share calculation above because their effect was anti-dilutive for the periods indicated (in thousands):
 
 
 
Three Months Ended
May 31,
 
Six Months Ended
May 31,
 
 
2013
 
2012
 
2013
 
2012
Stock options
 
1,762

 
1,612

 
1,815

 
1,762

Stock awards
 
556

 
17

 
1,123

 
20

Convertible senior notes
 
11,865

 
5,346

 
11,865

 
2,615

Total anti-diluted common stock equivalents
 
14,183

 
6,975

 
14,803

 
4,397


Anti-dilutive potential common stock equivalents for the three and six months ended May 31, 2013 include the 11.9 million shares that could be issued under the Notes if we experience substantial increases in our common stock price. Under the treasury stock method, the Notes will generally have a dilutive impact on net income per share if our average stock price for the period exceeds the conversion price for the Notes. On conversion of a Note, however, we will deliver cash in an amount generally equal to the lesser of the conversion value and the principal amount of each Note and, only for any conversion value greater than the principal amount, we will deliver shares of common stock.