XML 86 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings/(Loss) Per Share
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings/(Loss) Per Share
Earnings/(Loss) Per Share

The following is a reconciliation of net income/(loss) per share attributable to CoreLogic, using the treasury-stock method:
(in thousands, except per share amounts)
2013
 
2012
 
2011
Numerator for basic and diluted net income/(loss) per share:
 
 
 
 
 
Income from continuing operations, net of tax
$
130,200

 
$
90,829

 
$
21,103

(Loss)/income from discontinued operations, net of tax
(15,464
)
 
17,623

 
(95,712
)
(Loss)/gain from sale of discontinued operations, net of tax
(7,008
)
 
3,841

 

Net income/(loss) attributable to CoreLogic
$
107,728

 
$
112,293

 
$
(74,609
)
Denominator:
 

 
 

 
 

Weighted-average shares for basic income/(loss) per share
95,088

 
102,913

 
109,122

Dilutive effect of stock options and restricted stock units
2,021

 
1,137

 
590

Weighted-average shares for diluted income/(loss) per share
97,109

 
104,050

 
109,712

Income/(loss) per share
 

 
 

 
 

Basic:
 

 
 

 
 

Income from continuing operations, net of tax
$
1.37

 
$
0.88

 
$
0.19

(Loss)/income from discontinued operations, net of tax
(0.16
)
 
0.17

 
(0.88
)
(Loss)/gain from sale of discontinued operations, net of tax
(0.07
)
 
0.04

 

Net income/(loss) attributable to CoreLogic
$
1.14

 
$
1.09

 
$
(0.69
)
Diluted:
 

 
 

 
 

Income from continuing operations, net of tax
$
1.34

 
$
0.87

 
$
0.19

(Loss)/income from discontinued operations, net of tax
(0.16
)
 
0.17

 
(0.87
)
(Loss)/gain from sale of discontinued operations, net of tax
(0.07
)
 
0.04

 

Net income/(loss) attributable to CoreLogic
$
1.11

 
$
1.08

 
$
(0.68
)


For the year ended December 31, 2013, RSUs and stock options of 0.4 million were excluded from the weighted average diluted common shares outstanding due to their antidilutive effect. For the years ended December 31, 2012 and 2011, RSUs, PBRSUs and stock options of 2.6 million and 5.5 million, respectively, were excluded from the weighted average diluted common shares outstanding due to their antidilutive effect.