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Earnings Per Share
9 Months Ended
Sep. 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 Nine Months Ended
 
September 30,
 
September 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
$
49,954

 
$
36,213

 
$
129,038

 
$
106,473

Loss from discontinued operations, net of tax
(1,240
)
 
(10,157
)
 
(3,205
)
 
(18,142
)
(Loss)/gain from sale of discontinued operations, net of tax
(5,052
)
 
12,264

 
(5,052
)
 
9,277

Net income attributable to CoreLogic
$
43,662

 
$
38,320

 
$
120,781

 
$
97,608

Denominator:
 

 
 

 
 

 
 

Weighted-average shares for basic income/(loss) per share
94,773

 
101,650

 
95,802

 
104,713

Dilutive effect of stock options and restricted stock units
2,020

 
1,463

 
1,870

 
973

Weighted-average shares for diluted income/(loss) per share
96,793

 
103,113

 
97,672

 
105,686

Income/(loss) per share
 

 
 

 
 

 
 

Basic:
 

 
 

 
 

 
 

Net income from continuing operations
$
0.53

 
$
0.36

 
$
1.35

 
$
1.02

Loss from discontinued operations, net of tax
(0.01
)
 
(0.10
)
 
(0.03
)
 
(0.17
)
(Loss)/gain from sale of discontinued operations, net of tax
(0.05
)

0.12

 
(0.05
)
 
0.09

Net income attributable to CoreLogic
$
0.47

 
$
0.38

 
$
1.27

 
$
0.94

Diluted:
 

 
 
 
 
 
 
Net income from continuing operations
$
0.52

 
$
0.35

 
$
1.32

 
$
1.01

Loss from discontinued operations, net of tax
(0.01
)
 
(0.10
)
 
(0.03
)
 
(0.17
)
(Loss)/gain from sale of discontinued operations, net of tax
(0.05
)

0.12

 
(0.05
)
 
0.09

Net income attributable to CoreLogic
$
0.46

 
$
0.37

 
$
1.24

 
$
0.93



For the three months ended September 30, 2013 and 2012, 0.6 million stock options and restricted stock units ("RSUs") and 1.0 million stock options, respectively, were excluded from the weighted average diluted common shares outstanding due to their antidilutive effect. For the nine months ended September 30, 2013 and 2012, 0.8 million and 3.7 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.