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Earnings Per Share
6 Months Ended
Jun. 30, 2013
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,
 
2013
 
2012
 
2013
 
2012
(in thousands, except per share amounts)
 
 
 
 
 
 
 
Numerator for basic and diluted net income/(loss) per share:
 
 
 
 
 
 
 
Net income from continuing operations
$
44,860

 
$
41,208

 
$
79,085

 
$
70,259

(Loss)/income from discontinued operations, net of tax
(1,310
)
 
983

 
(1,966
)
 
(7,985
)
Gain/(loss) from sale of discontinued operations, net of tax

 
466

 

 
(2,987
)
Net income attributable to CoreLogic
$
43,550

 
$
42,657

 
$
77,119

 
$
59,287

Denominator:
 

 
 

 
 

 
 

Weighted-average shares for basic income/(loss) per share
95,516

 
105,895

 
96,315

 
106,245

Dilutive effect of stock options and restricted stock units
1,664

 
573

 
1,805

 
641

Weighted-average shares for diluted income/(loss) per share
97,180

 
106,468

 
98,120

 
106,886

Income/(loss) per share
 

 
 

 
 

 
 

Basic:
 

 
 

 
 

 
 

Net income from continuing operations
$
0.47

 
$
0.39

 
$
0.82

 
$
0.66

(Loss)/income from discontinued operations, net of tax
(0.01
)
 
0.01

 
(0.02
)
 
(0.08
)
Gain/(loss) from sale of discontinued operations, net of tax



 

 
(0.03
)
Net income attributable to CoreLogic
$
0.46

 
$
0.40

 
$
0.80

 
$
0.55

Diluted:
 

 
 
 
 
 
 
Net income from continuing operations
$
0.46

 
$
0.39

 
$
0.81

 
$
0.66

(Loss)/income from discontinued operations, net of tax
(0.01
)
 
0.01

 
(0.02
)
 
(0.07
)
Gain/(loss) from sale of discontinued operations, net of tax



 

 
(0.03
)
Net income attributable to CoreLogic
$
0.45

 
$
0.40

 
$
0.79

 
$
0.56



For the three months ended June 30, 2013 and 2012, 1.1 million stock options and restricted stock units ("RSUs"); and 5.1 million stock options, RSUs and performance-based restricted stock units ("PBRSUs"), respectively, were excluded from the weighted average diluted common shares outstanding due to their antidilutive effect. For the six months ended June 30, 2013 and 2012, 1.0 million stock options and RSUs; and 4.9 million stock options, RSUs and PBRSUs, respectively, were excluded from the weighted average diluted common shares outstanding due to their antidilutive effect.