EARNINGS PER SHARE

12 Months Ended

Jun. 30, 2013

EARNINGS PER SHARE

EARNINGS PER SHARE

2.     EARNINGS PER SHARE

Basic earnings per share are computed by dividing earnings by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share reflect the additional dilution from all potentially dilutive securities.

The following computation of basic and diluted earnings per share applicable to the Company's common stock is as follows:

	Year Ended June 30,
	2013		2012		2011
	(in 000s, except per share amounts)
Amounts attributable to Bally Technologies, Inc.:
Income from continuing operations, net of tax	$	141,444	$	101,148	$	98,666
Loss on sale of discontinued operations, net of tax		—		—		(403	)
Diluted earnings attributable to Bally Technologies, Inc.	$	141,444	$	101,148	$	98,263
Weighted average common shares outstanding		40,120		42,985		51,960
Dilutive effect of:
Stock options, Restricted Stock Units ("RSU") and restricted stock		872		1,435		2,459
Warrants		—		—		1
Weighted average diluted shares outstanding		40,992		44,420		54,420
Basic earnings per share attributable to Bally Technologies, Inc.:
Income from continuing operations	$	3.53	$	2.35	$	1.90
Loss on sale of discontinued operations		—		—		(0.01	)
Basic earnings per share	$	3.53	$	2.35	$	1.89
Diluted earnings per share attributable to Bally Technologies, Inc.:
Income from continuing operations	$	3.45	$	2.28	$	1.82
Loss on sale of discontinued operations		—		—		(0.01	)
Diluted earnings per share	$	3.45	$	2.28	$	1.81

Certain securities were excluded from the diluted per share calculation because their inclusion would be anti-dilutive. Such securities consist of the following:

	Year Ended June 30,
	2013		2012		2011
	(in 000s)
Stock options, RSU and restricted stock		70		574		688