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NET INCOME PER SHARE
 6 Months Ended
May 31, 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
May 31,
 
Six Months Ended
May 31,
 
 
2014
 
2013
 
2014
 
2013
Net income attributable to TIBCO Software Inc.
 
$
1,552

 
$
8,715

 
$
13,701

 
$
18,220

Weighted-average shares of common stock used to compute basic net income per share
 
162,984

 
160,877

 
162,642

 
161,199

Effect of dilutive common stock equivalents:
 
 
 
 
 
 
 
 
Stock options
 
2,796

 
4,709

 
3,113

 
4,911

Stock awards
 
1,078

 
1,921

 
1,352

 
2,203

Employee stock purchase program
 
—

 
—

 
7

 
7

Weighted-average shares of common stock used to compute diluted net income per share
 
166,858

 
167,507

 
167,114

 
168,320

Net income per share attributable to TIBCO Software Inc.:
 
 
 
 
 
 
 
 
Basic
 
$
0.01

 
$
0.05

 
$
0.08

 
$
0.11

Diluted
 
$
0.01

 
$
0.05

 
$
0.08

 
$
0.11



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,
 
 
2014
 
2013
 
2014
 
2013
Stock options
 
1,502

 
1,762

 
1,487

 
1,815

Stock awards
 
811

 
556

 
780

 
1,123

Convertible senior notes
 
11,865

 
11,865

 
11,865

 
11,865

Total anti-diluted common stock equivalents
 
14,178

 
14,183

 
14,132

 
14,803


Anti-dilutive potential common stock equivalents for the three and six months ended May 31, 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.