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Net Income per Share
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Net Income per Share
Net Income per Share
Earnings attributable to common shareholders and weighted average common shares outstanding used to compute earnings per share were:
 
Second Quarter
 
First Six Months
 
2013
 
2012
 
2013
 
2012
 
(In thousands)
Earnings available to common shareholders:
 
 
 
 
 
 
 
Consolidated net income
$
1,198

 
$
1,471

 
$
6,240

 
$
4,968

Less: Net income attributable to noncontrolling interest
(657
)
 
(660
)
 
(1,748
)
 
(1,355
)
Net income attributable to Forestar Group Inc.
$
541

 
$
811

 
$
4,492

 
$
3,613

Weighted average common shares outstanding — basic
35,351

 
35,235

 
35,305

 
35,190

Dilutive effect of stock options, restricted stock and equity-settled awards
701

 
190

 
629

 
222

Weighted average common shares outstanding — diluted
36,052

 
35,425

 
35,934

 
35,412

Anti-dilutive awards excluded from diluted weighted average shares
1,854

 
2,712

 
1,837

 
2,530


We intend to settle the principal amount of the convertible senior notes (Notes) in cash upon conversion, with any excess conversion value to be settled in shares of our common stock. Therefore, only the amount in excess of the par value of the Notes will be included in our calculation of diluted net income per share using the treasury stock method. As such, the Notes have no impact on diluted net income per share until the price of our common stock exceeds the conversion price of the Notes of $24.49. The average price of our common stock in second quarter and first six months 2013 did not exceed the conversion price which resulted in no additional diluted outstanding shares.