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

6 Months Ended

Jun. 30, 2016

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

Computation of basic and diluted earnings per share

        The following table reconciles 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 June 30,				Six Months Ended June 30,
	2015		2016		2015		2016
Numerator:
Net income attributable to Magellan Health, Inc.	$	4,643	$	3,958	$	11,931	$	17,195
Denominator:
Weighted average number of common shares outstanding—basic		25,684		23,516		25,502		23,570
Common stock equivalents—stock options		362		355		406		306
Common stock equivalents—RSAs		654		619		584		583
Common stock equivalents—RSUs		26		23		36		27
Common stock equivalents—PSUs		49		31		58		29
Common stock equivalents—employee stock purchase plan		1		2		2		2
Weighted average number of common shares outstanding—diluted		26,776		24,546		26,588		24,517
Net income attributable to Magellan Health, Inc. per common share—basic	$	0.18	$	0.17	$	0.47	$	0.73
Net income attributable to Magellan Health, Inc. per common share—diluted	$	0.17	$	0.16	$	0.45	$	0.70