Earnings Per Share

9 Months Ended

Sep. 30, 2015

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 September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Numerator for basic and diluted net income per common share:
Net income attributable to j2 Global, Inc. common shareholders	$	37,375		$	28,759		$	98,169		$	92,573
Net income available to participating securities (a)	(611		)	(538		)	(1,620		)	(1,964		)
Net income available to j2 Global, Inc. common shareholders	$	36,764		$	28,221		$	96,549		$	90,609
Denominator:
Weighted-average outstanding shares of common stock	47,696,224			46,845,477			47,553,075			46,653,836
Dilutive effect of:
Equity incentive plans	257,647			318,435			224,547			334,591
Common stock and common stock equivalents	47,953,871			47,163,912			47,777,622			46,988,427
Net income per share:
Basic	$	0.77		$	0.60		$	2.03		$	1.94
Diluted	$	0.77		$	0.60		$	2.02		$	1.93

(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 September 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 nine months ended September 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.