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Earnings Per Share
3 Months Ended
Mar. 31, 2013
Earnings Per Share Reconciliation [Abstract]  
Earnings Per Share
Earnings Per Share
 
The components of basic and diluted earnings per share are as follows (in thousands, except share and per share data):
 
Three Months Ended March 31,
 
2013
 
2012
Numerator for basic and diluted net income per common share:
 

 
 

Net income attributable to j2 Global, Inc. common shareholders
$
22,922

 
$
28,539

Net income available to participating securities (a)
(412
)
 
(436
)
Net income available to j2 Global, Inc. common shareholders
22,510

 
28,103

Denominator:
 

 
 

Weighted-average outstanding shares of common stock
45,160,140

 
46,400,441

Dilutive effect of:
 

 
 

Dilutive effect of equity incentive plans
508,027

 
394,162

Common stock and common stock equivalents
45,668,167

 
46,794,603

Net income per share:
 

 
 

Basic
$
0.50

 
$
0.61

Diluted
$
0.49

 
$
0.60


(a)
Represents unvested share-based payment awards that contain certain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid).

For the three months ended March 31, 2013 and 2012, there were 15,000 and 430,319 options outstanding, respectively, which were excluded from the computation of diluted earnings per share because the exercise prices were greater than the average market price of the common shares.