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 June 30, | | Six Months Ended June 30, | | 2015 | | 2014 | | 2015 | | 2014 | Numerator for basic and diluted net income per common share: | |
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| Net income attributable to j2 Global, Inc. common shareholders | $ | 38,916 |
| | $ | 35,049 |
| | $ | 60,794 |
| | $ | 63,814 |
| Net income available to participating securities (a) | (637 | ) | | (701 | ) | | (1,006 | ) | | (1,418 | ) | Net income available to j2 Global, Inc. common shareholders | $ | 38,279 |
| | $ | 34,348 |
| | $ | 59,788 |
| | $ | 62,396 |
| Denominator: | |
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| Weighted-average outstanding shares of common stock | 47,537,597 |
| | 46,745,596 |
| | 47,480,315 |
| | 46,556,428 |
| Dilutive effect of: | |
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| | |
| | |
| Equity incentive plans | 315,977 |
| | 322,171 |
| | 256,691 |
| | 355,146 |
| Common stock and common stock equivalents | 47,853,574 |
| | 47,067,767 |
| | 47,737,006 |
| | 46,911,574 |
| Net income per share: | |
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| Basic | $ | 0.81 |
| | $ | 0.73 |
| | $ | 1.26 |
| | $ | 1.34 |
| Diluted | $ | 0.80 |
| | $ | 0.73 |
| | $ | 1.25 |
| | $ | 1.33 |
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| | (a) | Represents unvested restricted stock awards that contain certain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid). |
For the three months ended June 30, 2015 and 2014, there were no options outstanding 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 share. For the six months ended June 30, 2015 and 2014, there were 62,000 and no 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 share.
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