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Earnings Per Share
9 Months Ended
Sep. 30, 2017
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,
 
2017
 
2016
 
2017
 
2016
(in thousands, except per share amounts)
 
 
 
 
 
 
 
Numerator for basic and diluted net income per share:
 
 
 
 
 
 
 
Net income from continuing operations
$
30,828

 
$
36,002

 
$
84,722

 
$
103,965

(Loss)/gain from discontinued operations, net of tax
(74
)
 
(936
)
 
2,421

 
(998
)
Gain from sale of discontinued operations, net of tax

 

 
310

 

Net income attributable to CoreLogic
$
30,754

 
$
35,066

 
$
87,453

 
$
102,967

Denominator:
 

 
 

 
 

 
 

Weighted-average shares for basic income per share
83,362

 
87,584

 
84,114

 
88,141

Dilutive effect of stock options and restricted stock units
1,728

 
1,604

 
1,726

 
1,560

Weighted-average shares for diluted income per share
85,090

 
89,188

 
85,840

 
89,701

Income per share
 

 
 

 
 

 
 

Basic:
 

 
 

 
 

 
 

Net income from continuing operations
$
0.37

 
$
0.41

 
$
1.01

 
$
1.18

(Loss)/gain from discontinued operations, net of tax

 
(0.01
)
 
0.03

 
(0.01
)
Gain from sale of discontinued operations, net of tax



 

 

Net income attributable to CoreLogic
$
0.37

 
$
0.40

 
$
1.04

 
$
1.17

Diluted:
 

 
 
 
 
 
 
Net income from continuing operations
$
0.36

 
$
0.40

 
$
0.99

 
$
1.16

(Loss)/gain from discontinued operations, net of tax

 
(0.01
)
 
0.03

 
(0.01
)
Gain from sale of discontinued operations, net of tax



 

 

Net income attributable to CoreLogic
$
0.36

 
$
0.39

 
$
1.02

 
$
1.15



The dilutive effect of stock-based compensation awards has been calculated using the treasury-stock method. For the three months ended September 30, 2017 an aggregate of less than 0.1 million restricted stock units ("RSUs") were excluded from the weighted-average diluted common shares outstanding due to their anti-dilutive effect. There were no anti-dilutive common shares for the three months ended September 30, 2016. For the nine months ended September 30, 2017 and 2016, an aggregate of less than 0.1 million RSUs and an aggregate of less than 0.1 million stock options, respectively, were excluded from the weighted-average diluted common shares outstanding due to their anti-dilutive effect.