Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2015

The computation of diluted EPS is as follows (in thousands, except per share data):



	Three Months Ended March 31,
	2015		2014
Numerator:
Basic net income attributable to common stockholders	$	7,275	$	10,845
Effect of net income attributable to noncontrolling interests - unit holders	348		564
Diluted net income attributable to common stockholders	$	7,623	$	11,409
Denominator:
Basic weighted average shares outstanding	111,216		97,356
Effect of Operating Partnership units	5,114		5,200
Effect of stock options	—		29
Effect of restricted share units	189		15
Effect of restricted shares	6		—
Effect of deferred incentive share units	6		14
Diluted adjusted weighted average shares outstanding	116,531		102,614

Basic and diluted net income per share attributable to Parkway Properties, Inc.	$	0.07	$	0.11