Earnings Per Share

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following is a reconciliation of net income per share:

	For the Three Months Ended						For the Nine Months Ended
	September 30,						September 30,
	2015			2014			2015			2014
(in thousands, except per share amounts)
Numerator for basic and diluted net income per share:
Net income from continuing operations	$	28,285		$	49,719		$	90,583		$	73,281
Loss from discontinued operations, net of tax	(117		)	(4,856		)	(445		)	(15,219		)
Gain from sale of discontinued operations, net of tax	—			476			—			476
Net income attributable to CoreLogic	$	28,168		$	45,339		$	90,138		$	58,538
Denominator:
Weighted-average shares for basic income per share	88,719			90,518			89,374			91,234
Dilutive effect of stock options and restricted stock units	1,435			1,469			1,367			1,599
Weighted-average shares for diluted income per share	90,154			91,987			90,741			92,833
Income per share
Basic:
Net income from continuing operations	$	0.32		$	0.55		$	1.01		$	0.80
Loss from discontinued operations, net of tax	—			(0.05		)	—			(0.17		)
Gain from sale of discontinued operations, net of tax	—			0.01			—			0.01
Net income attributable to CoreLogic	$	0.32		$	0.51		$	1.01		$	0.64
Diluted:
Net income from continuing operations	$	0.31		$	0.54		$	1.00		$	0.79
Loss from discontinued operations, net of tax	—			(0.05		)	—			(0.16		)
Gain from sale of discontinued operations, net of tax	—			0.01			—			0.01
Net income attributable to CoreLogic	$	0.31		$	0.50		$	1.00		$	0.64

The dilutive effect of stock-based compensation awards has been calculated using the treasury-stock method. For the three months ended September 30, 2015 there were no anti-dilutive common shares. For the three months ended September 30, 2014, an aggregate of 0.4 million stock options were excluded from the weighted-average diluted common shares outstanding due to their anti-dilutive effect. For the nine months ended September 30, 2015 and 2014, 0.2 million restricted stock units ("RSUs") and stock options and 0.3 million stock options, respectively, were excluded from the weighted-average diluted common shares outstanding due to their antidilutive effect.