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Earnings Per Share (Tables)
 3 Months Ended
Dec. 31, 2016
Earnings Per Share  
Schedule of computation of basic and diluted EPS

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

(in thousands, except per-share amounts)

    

2015

    

2016

    

Numerator:

 

 

 

 

 

 

 

Income from continuing operations

 

$
12,937

 

$
6,675

 

Income from continuing operations attributable to non-controlling interest

 

 
(296)

 

 
(161)

 

Numerator for basic and diluted earnings per share from continuing operations — income from continuing operations attributable to Headwaters Incorporated

 

 
12,641

 

 
6,514

 

Numerator for basic and diluted earnings per share from discontinued operations — income (loss) from discontinued operations, net of income taxes

 

 
(216)

 

 
153

 

Numerator for basic and diluted earnings per share — net income attributable to Headwaters Incorporated

 

$
12,425

 

$
6,667

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Denominator for basic earnings per share — weighted-average shares outstanding

 

 
73,789

 

 
74,237

 

Effect of dilutive securities — shares issuable upon exercise of options and SARs and vesting of restricted stock

 

 
1,576

 

 
1,435

 

Denominator for diluted earnings per share — weighted-average shares outstanding after assumed exercises and vesting

 

 
75,365

 

 
75,672

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted income per share attributable to Headwaters Incorporated:

 

 

 

 

 

 

 

From continuing operations

 

$
0.17

 

$
0.09

 

From discontinued operations

 

 
0.00

 

 
0.00

 

 

 

$
0.17

 

$
0.09

 

 

 

 

 

 

 

 

 

Anti-dilutive securities not considered in diluted EPS calculation:

 

 

 

 

 

 

 

Stock-settled SARs

 

 
329

 

 
72

 

Stock options

 

 
72

 

 

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