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Net Income per Common Share Attributable to Magellan Health, Inc. (Tables)
6 Months Ended
Jun. 30, 2014
Net Income per Common Share Attributable to Magellan Health, Inc.  
Computation of basic and diluted earnings per share

The following tables reconcile income attributable to common shareholders (numerator) and shares (denominator) used in the computations of net income per share attributable to common shareholders (in thousands, except per share data):

 
  Three Months Ended
June 30,
  Six Months Ended
June 30,
 
 
  2013   2014   2013   2014  

Numerator:

                         

Net income attributable to Magellan Health, Inc. 

  $ 31,480   $ 4,986   $ 59,538   $ 30,706  
                   
                   

Denominator:

                         

Weighted average number of common shares outstanding—basic

    26,829     27,144     26,968     27,257  

Common stock equivalents—stock options

    497     554     482     574  

Common stock equivalents—restricted stock

    10     66     14     49  

Common stock equivalents—restricted stock units

            26     27  

Common stock equivalents—employee stock purchase plan

    2     1     2     1  
                   

Weighted average number of common shares outstanding—diluted

    27,338     27,765     27,492     27,908  
                   
                   

Net income attributable to Magellan Health, Inc. per common share—basic

  $ 1.17   $ 0.18   $ 2.21   $ 1.13  
                   
                   

Net income attributable to Magellan Health, Inc. per common share—diluted

  $ 1.15   $ 0.18   $ 2.17   $ 1.10