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Earnings per Share
12 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings per Share

18.    Earnings per Share

The calculations of basic and diluted net income (loss) per share and basic and diluted weighted average shares outstanding are as follows for the fiscal years ended September 30, 2018, 2017 and 2016 (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended September 30, 

 

    

2018

    

2017

    

2016

Income (loss) income from continuing operations

 

$

67,717

 

$

10,687

 

$

(85,457)

Income from discontinued operations, net of tax

 

 

48,747

 

 

51,925

 

 

15,981

Net income

 

 

116,464

 

 

62,612

 

 

(69,476)

Net loss attributable to noncontrolling interest

 

 

111

 

 

 —

 

 

 —

Net income (loss) attributable to Brooks Automation, Inc.

 

$

116,575

 

$

62,612

 

$

(69,476)

 

 

 

 

 

 

 

 

 

 

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

 

 

70,489

 

 

69,575

 

 

68,507

Dilutive restricted stock units

 

 

448

 

 

910

 

 

 —

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

 

 

70,937

 

 

70,485

 

 

68,507

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share attributable to Brooks Automation, Inc. common stockholders:

 

 

  

 

 

  

 

 

  

Income (loss) from continuing operations

 

$

0.96

 

$

0.15

 

$

(1.25)

Income from discontinued operations, net of tax

 

 

0.69

 

 

0.75

 

 

0.23

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

 

$

1.65

 

$

0.90

 

$

(1.01)

 

 

 

 

 

 

 

 

 

 

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

 

 

  

 

 

  

 

 

  

Income (loss) from continuing operations

 

$

0.95

 

$

0.15

 

$

(1.25)

Income from discontinued operations, net of tax

 

 

0.69

 

 

0.74

 

 

0.23

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

 

$

1.64

 

$

0.89

 

$

(1.01)

 

 

 

 

 

 

 

 

 

 

 

Restricted stock units of 9,927 and 9,500, respectively during fiscal year 2018 and 2017 were excluded from the computation of diluted earnings per share as their effect would be anti-dilutive based on the treasury stock method. 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.