Net Income per Common Share Attributable to Magellan Health, Inc. (Tables)

3 Months Ended

Mar. 31, 2015

Net Income per Common Share Attributable to Magellan Health, Inc.

Computation of basic and diluted earnings per share

The following tables reconcile income attributable to common shareholders (numerator) and shares (denominator) used in the computations of net income per share attributable to common shareholders (in thousands, except per share data):

	Three Months Ended March 31,
	2014		2015
Numerator:
Net income attributable to Magellan Health, Inc.	$	25,720	$	7,288
Denominator:
Weighted average number of common shares outstanding—basic		27,370		25,319
Common stock equivalents—stock options		594		450
Common stock equivalents—RSAs		32		514
Common stock equivalents—RSUs		54		46
Common stock equivalents—PSUs		—		68
Common stock equivalents—employee stock purchase plan		1		2
Weighted average number of common shares outstanding—diluted		28,051		26,399
Net income attributable to Magellan Health, Inc. per common share—basic	$	0.94	$	0.29
Net income attributable to Magellan Health, Inc. per common share—diluted	$	0.92	$	0.28