Income Per Share

3 Months Ended

Mar. 31, 2012

Income Per Share [Abstract]

Income Per Share

Note 12. Income Per Share

The following is a reconciliation of the numerators and denominators of basic and diluted per share computations for net income attributable to Viad for the three months ended March 31:

	2012			2011
	(in thousands, except per share data)
Basic net income per share
Numerator:
Net income attributable to Viad	$	1,027		$	9,787
Less: Allocation to non-vested shares		(28	)		(240	)
Net income allocated to Viad common stockholders	$	999		$	9,547
Denominator:
Weighted-average outstanding common shares		19,645			19,778
Net income attributable to Viad common stockholders	$	0.05		$	0.48
Diluted net income per share
Numerator:
Net income attributable to Viad	$	1,027		$	9,787
Denominator:
Weighted-average outstanding shares		19,645			19,778
Additional dilutive shares related to share-based compensation		272			302
Weighted-average outstanding and potentially dilutive shares		19,917			20,080
Net income attributable to Viad common stockholders (1)	$	0.05		$	0.48

⁽¹⁾ Diluted income per share cannot exceed basic income per share.

Options to purchase 267,000 and 369,000 shares of common stock were outstanding during the three months ended March 31, 2012 and 2011, respectively, but were not included in the computation of dilutive shares outstanding because the effect would be anti-dilutive. Additionally, 272,000 and 302,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share during the three months ended March 31, 2012 and 2011, respectively.