XML 71 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
 6 Months Ended
Jun. 30, 2014
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,
 
2014
 
2013
 
2014
 
2013
(in thousands, except per share amounts)
 
 
 
 
 
 
 
Numerator for basic and diluted net income/(loss) per share:
 
 
 
 
 
 
 
Net income from continuing operations
$
25,154

 
$
31,969

 
$
21,280

 
$
63,586

(Loss)/income from discontinued operations, net of tax
(9,165
)
 
11,581

 
(8,082
)
 
15,277

Loss from sale of discontinued operations, net of tax
—

 
—

 
—

 
(1,744
)
Net income attributable to CoreLogic
$
15,989

 
$
43,550

 
$
13,198

 
$
77,119

Denominator:
 

 
 

 
 

 
 

Weighted-average shares for basic income per share
91,750

 
95,516

 
91,591

 
96,315

Dilutive effect of stock options and restricted stock units
1,312

 
1,664

 
1,644

 
1,805

Weighted-average shares for diluted income per share
93,062

 
97,180

 
93,235

 
98,120

Income/(loss) per share
 

 
 

 
 

 
 

Basic:
 

 
 

 
 

 
 

Net income from continuing operations
$
0.27

 
$
0.33

 
$
0.23

 
$
0.66

(Loss)/income from discontinued operations, net of tax
(0.10
)
 
0.12

 
(0.09
)
 
0.16

Loss from sale of discontinued operations, net of tax
—


—

 
—

 
(0.02
)
Net income attributable to CoreLogic
$
0.17

 
$
0.45

 
$
0.14

 
$
0.80

Diluted:
 

 
 
 
 
 
 
Net income from continuing operations
$
0.27

 
$
0.33

 
$
0.23

 
$
0.65

(Loss)/income from discontinued operations, net of tax
(0.10
)
 
0.12

 
(0.09
)
 
0.16

Loss from sale of discontinued operations, net of tax
—


—

 
—

 
(0.02
)
Net income attributable to CoreLogic
$
0.17

 
$
0.45

 
$
0.14

 
$
0.79



For the three months ended June 30, 2014 and 2013, 0.7 million and 1.1 million stock options and restricted stock units ("RSUs"), respectively, were excluded from the weighted-average diluted common shares outstanding due to their antidilutive effect. For the six months ended June 30, 2014 and 2013, 0.2 million stock options and 1.0 million stock options and RSUs, respectively, were excluded from the weighted average diluted common shares outstanding due to their antidilutive effect.