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Earnings Per Share
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
The following is a reconciliation of net income per share, using the treasury-stock method:

 
For the Three Months Ended
 
For the Six Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
(in thousands, except per share amounts)
 
 
 
 
 
 
 
Numerator for basic and diluted net income/(loss) per share:
 
 
 
 
 
 
 
Net income from continuing operations
$
41,208

 
$
40,041

 
$
70,259

 
$
61,645

Gain/(loss) from discontinued operations, net of tax
983

 
(8,556
)
 
(7,985
)
 
(6,905
)
Gain/(loss) from sale of discontinued operations, net of tax
466

 

 
(2,987
)
 

Net income attributable to CoreLogic
$
42,657

 
$
31,485

 
$
59,287

 
$
54,740

Denominator:
 

 
 

 
 

 
 

Weighted-average shares for basic income/(loss) per share
105,895

 
108,018

 
106,245

 
111,781

Dilutive effect of stock options and restricted stock units
573

 
623

 
641

 
705

Weighted-average shares for diluted income/(loss) per share
106,468

 
108,641

 
106,886

 
112,486

Income/(loss) per share
 

 
 

 
 

 
 

Basic:
 

 
 

 
 

 
 

Net income from continuing operations
$
0.39

 
$
0.37

 
$
0.66

 
$
0.55

Gain/(loss) from discontinued operations, net of tax
0.01

 
(0.08
)
 
(0.08
)
 
(0.06
)
Gain/(loss) from sale of discontinued operations, net of tax



 
(0.03
)
 

Net income attributable to CoreLogic
$
0.40

 
$
0.29

 
$
0.55

 
$
0.49

Diluted:
 

 
 
 
 
 
 
Net income from continuing operations
$
0.39

 
$
0.37

 
$
0.66

 
$
0.55

Gain/(loss) from discontinued operations, net of tax
0.01

 
(0.08
)
 
(0.07
)
 
(0.06
)
Gain/(loss) from sale of discontinued operations, net of tax



 
(0.03
)
 

Net income attributable to CoreLogic
$
0.40

 
$
0.29

 
$
0.56

 
$
0.49



For the three months ended June 30, 2012 and 2011, 5.1 million and 5.7 million stock options and restricted stock units, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive effect. For the six months ended June 30, 2012 and 2011, 4.9 million and 5.2 million stock options and restricted stock units, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive effect.