Computation of Earnings per Common Share

6 Months Ended

Sep. 30, 2013

Computation of Earnings per Common Share [Abstract]

Computation of Earnings per Common Share

Note 5 - Computation of Earnings per Common Share

Earnings per common share data were computed as follows (in thousands, except per share amounts):

	Three Months Ended September 30,				Six Months Ended September 30,
Basic earnings per share:	2013		2012		2013		2012
Numerator:
Net income attributable to Compuware Corporation	$	16,340	$	10,594	$	26,307	$	21,062
Denominator:
Weighted-average common shares outstanding		214,926		215,633		214,287		216,566
Basic earnings per share	$	0.08	$	0.05	$	0.12	$	0.10
Diluted earnings per share:
Numerator:
Net income attributable to Compuware Corporation	$	16,340	$	10,594	$	26,307	$	21,062
Denominator:
Weighted-average common shares outstanding		214,926		215,633		214,287		216,566
Dilutive effect of stock awards		5,503		4,337		5,720		4,142
Total shares		220,429		219,970		220,007		220,708
Diluted earnings per share	$	0.07	$	0.05	$	0.12	$	0.10

During the three months ended September 30, 2013 and 2012, stock awards to purchase 3.3 million and 6.9 million shares, respectively, were excluded from the diluted earnings per share calculation because they were anti-dilutive and stock awards to purchase 5.1 million and 1.7 million shares, respectively, were excluded from the calculation because the performance conditions for vesting had not yet been met. During the six months ended September 30, 2013 and 2012, stock awards to purchase 2.6 million and 11.5 million shares, respectively, were excluded from the diluted earnings per share calculation because they were anti-dilutive and stock awards to purchase 5.2 million and 1.6 million shares, respectively, were excluded from the calculation because the performance conditions for vesting had not yet been met. See note 6 for a discussion of options with performance conditions and performance based stock awards.