NET INCOME PER SHARE

3 Months Ended

Feb. 28, 2014

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 February 28,
	2014		2013
Net income attributable to TIBCO Software Inc.	$	12,150	$	9,505
Weighted-average shares of common stock used to compute basic net income per share	162,299		161,521
Effect of dilutive common stock equivalents:
Stock options	3,430		5,111
Stock awards	1,627		2,485
Employee stock purchase program	13		13
Weighted-average shares of common stock used to compute diluted net income per share	167,369		169,130
Net income per share attributable to TIBCO Software Inc.:
Basic	$	0.07	$	0.06
Diluted	$	0.07	$	0.06

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 February 28,
	2014	2013
Stock options	1,471	1,868
Stock awards	749	1,689
Convertible senior notes	11,865	11,865
Total anti-diluted common stock equivalents	14,085	15,422

Anti-dilutive potential common stock equivalents for the three months ended February 28, 2014 include the 11.9 million shares that could be issued under the Notes if we experience substantial increases in our 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.