Net Income (Loss) per Common Share Attributable to Magellan Health, Inc. (Tables)

3 Months Ended

Mar. 31, 2016

Net Income per Common Share Attributable to Magellan Health, Inc.

Computation of basic and diluted earnings per share

        The following table reconciles 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 March 31,
	2015		2016
Numerator:
Net income attributable to Magellan Health, Inc.	$	7,288	$	13,237
Denominator:
Weighted average number of common shares outstanding—basic		25,319		23,631
Common stock equivalents—stock options		450		257
Common stock equivalents—RSAs		514		547
Common stock equivalents—RSUs		46		30
Common stock equivalents—PSUs		68		28
Common stock equivalents—employee stock purchase plan		2		2
Weighted average number of common shares outstanding—diluted		26,399		24,495
Net income attributable to Magellan Health, Inc. per common share—basic	$	0.29	$	0.56
Net income attributable to Magellan Health, Inc. per common share—diluted	$	0.28	$	0.54