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Earnings per Share
12 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The calculations of basic and diluted net (loss) income per share and basic and diluted weighted average shares outstanding are as follows for the fiscal years ended September 30, 2016, 2015 and 2014 (in thousands, except per share data): 
 
Year Ended September 30,
 
2016
 
2015
 
2014
(Loss) income from continuing operations
$
(69,476
)
 
$
14,221

 
$
1,520

Income from discontinued operations, net of tax

 

 
30,002

Net (loss) income
(69,476
)
 
14,221

 
31,522

Net income attributable to noncontrolling interests

 

 
(161
)
Net (loss) income attributable to Brooks Automation, Inc.
$
(69,476
)
 
$
14,221

 
$
31,361

 
 
 
 
 
 
Weighted average common shares outstanding used in computing basic earnings per share
68,507

 
67,411

 
66,648

Dilutive common stock options and restricted stock units

 
1,138

 
996

Weighted average common shares outstanding used in computing diluted earnings per share
68,507

 
68,549

 
67,644

 
 
 
 
 
 
Basic net (loss) income per share attributable to Brooks Automation, Inc. common stockholders:
 
 
 
 
 
(Loss) income from continuing operations
$
(1.01
)
 
$
0.21

 
$
0.02

Income from discontinued operations, net of tax

 

 
0.45

Basic net (loss) income per share attributable to Brooks Automation, Inc.
$
(1.01
)
 
$
0.21

 
$
0.47

 
 
 
 
 
 
Diluted net (loss) income per share attributable to Brooks Automation, Inc. common stockholders:
 
 
 
 
 
(Loss) income from continuing operations
$
(1.01
)
 
$
0.21

 
$
0.02

Income from discontinued operations, net of tax

 

 
0.44

Diluted net (loss) income per share attributable to Brooks Automation, Inc. common stockholders
$
(1.01
)
 
$
0.21

 
$
0.46


Restricted stock units of 859,000 during fiscal year 2016 were excluded from the computation of diluted earnings per share as a result of a net loss incurred during the period. Approximately 120,000 shares of unvested restricted stock units were excluded from the computation of diluted earnings per share for the fiscal year ended September 30, 2015 as their effect would be anti-dilutive based on the treasury stock method. Options to purchase approximately 11,000 shares of common stock were excluded from the computation of diluted earnings per share attributable to Brooks Automation, Inc. common stockholders for the fiscal years ended September 30, 2014 as their effect would be anti-dilutive based on the treasury stock method. There were no anti-dilutive restricted stock awards for the fiscal year ended September 2014. There were no options outstanding as of September 30, 2016 and 2015.
On November 9, 2016, the Company's compensation committee and Board of Directors authorized and approved the annual grant of approximately 952,200 restricted stock units with a grant date of November 9, 2016.