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Net Income Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Net Income Per Share [Abstract]  
Computation of basic and diluted income per share

The following table sets forth the computation of basic and diluted income per share for the three and six months ended June 30 (in thousands, except per share amounts):

 

                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  

Numerator:

                               

Net income attributable to Vicor Corporation

  $ 220     $ 3,066     $ 546     $ 7,084  
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

                               

Denominator for basic income per share-weighted average shares (1)

    41,811       41,798       41,811       41,785  

Effect of dilutive securities:

                               

Employee stock options (2)

    1       89       8       88  
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator for diluted income per share – adjusted weighted-average shares and assumed conversions

    41,812       41,887       41,819       41,873  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic income per share

  $ 0.01     $ 0.07     $ 0.01     $ 0.17  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income per share

  $ 0.01     $ 0.07     $ 0.01     $ 0.17  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Denominator represents weighted average number of Common Shares and Class B Common Shares outstanding.
(2) Options to purchase 536,173 and 231,687 shares of Common Stock for the three months ended June 30, 2012 and 2011, respectively, and options to purchase 1,682,021 and 235,439 shares of Common Stock for the six months ended June 30, 2012 and 2011, respectively, were not included in the computation of diluted income per share because the options’ exercise prices were greater than the average market price of the Common Stock and,

therefore, the effect would be antidilutive.