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Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2013
Earnings (Loss) Per Share  
Earnings (Loss) Per Share

(3) Earnings (Loss) Per Share

 

Our computation of earnings (loss) per share — basic and diluted is as follows:

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(In thousands, except per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income from continuing operations

 

$

2,935

 

$

422

 

$

4,384

 

$

1,708

 

Net income attributable to noncontrolling interests

 

146

 

206

 

 

266

 

Net income attributable to Ciber, Inc. from continuing operations

 

2,789

 

216

 

4,384

 

1,442

 

Loss from discontinued operations, net of income tax

 

(4,555

)

(297

)

(4,537

)

(380

)

Net income (loss) attributable to Ciber, Inc.

 

$

(1,766

)

$

(81

)

$

(153

)

$

1,062

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

74,690

 

73,013

 

74,381

 

72,874

 

Dilutive effect of employee stock plans

 

722

 

491

 

630

 

549

 

Diluted weighted average shares outstanding

 

75,412

 

73,504

 

75,011

 

73,423

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings (loss) per share attributable to Ciber, Inc.:

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.04

 

$

 

$

0.06

 

$

0.02

 

Discontinued operations

 

(0.06

)

 

(0.06

)

(0.01

)

Basic and diluted earnings (loss) per share attributable to Ciber, Inc.

 

$

(0.02

)

$

 

$

 

$

0.01

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive securities omitted from the calculation

 

4,855

 

8,694

 

5,232

 

8,274

 

 

Dilutive securities, including stock options and restricted stock units, are excluded from the diluted weighted average shares outstanding computation in periods in which they have an anti-dilutive effect, such as when we report a net loss attributable to Ciber, Inc. from continuing operations, or when stock options have an exercise price that is greater than the average market price of Ciber common stock during the period.