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

3 Months Ended

Mar. 31, 2020

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

Schedule of 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) for the three months ended March 31:

	Three Months Ended
	March 31,
	2019		2020
Numerator:
Net income	$	431	$	18,250
Denominator:
Weighted average number of common shares outstanding—basic		23,946		24,728
Common stock equivalents—stock options		111		61
Common stock equivalents—RSAs		7		21
Common stock equivalents—RSUs		19		50
Common stock equivalents—PSUs		124		-
Common stock equivalents—employee stock purchase plan		6		9
Weighted average number of common shares outstanding—diluted		24,213		24,869
Net income per common share—basic	$	0.02	$	0.74
Net income per common share—diluted	$	0.02	$	0.73