Components Of Basic And Diluted 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, | | 2018 | | 2017 | | 2018 | | 2017 | Numerator for basic and diluted net income per common share: | | | | | | | | Net income attributable to j2 Global, Inc. common shareholders | $ | 30,723 |
| | $ | 32,358 |
| | $ | 78,072 |
| | $ | 89,554 |
| Net income available to participating securities (a) | (426 | ) | | (420 | ) | | (1,065 | ) | | (1,128 | ) | Net income available to j2 Global, Inc. common shareholders | $ | 30,297 |
| | $ | 31,938 |
| | $ | 77,007 |
| | $ | 88,426 |
| Denominator: | | | | | | | | Weighted-average outstanding shares of common stock | 48,009,953 |
| | 47,609,819 |
| | 47,945,264 |
| | 47,540,593 |
| Dilutive effect of: | | | | | | | | Equity incentive plans | 147,916 |
| | 218,782 |
| | 140,396 |
| | 232,506 |
| Convertible debt (b) | 1,121,348 |
| | 692,481 |
| | 982,993 |
| | 972,581 |
| Common stock and common stock equivalents | 49,279,217 |
| | 48,521,082 |
| | 49,068,653 |
| | 48,745,680 |
| Net income per share: | | | | | | | | Basic | $ | 0.63 |
| | $ | 0.67 |
| | $ | 1.61 |
| | $ | 1.86 |
| Diluted | $ | 0.61 |
| | $ | 0.66 |
| | $ | 1.57 |
| | $ | 1.81 |
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| | (a) | Represents unvested share-based payment awards that contain certain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid). |
| | (b) | Represents the incremental shares issuable upon conversion of the Convertible Notes due June 15, 2029 by applying the treasury stock method when the average stock price exceeds the conversion price of the Convertible Notes (see Note 8 - Long Term Debt). |
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