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Earnings Per Share
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Basic earnings per share is based on the weighted-average number of common shares outstanding. Diluted earnings per share includes the dilutive effect of potential common shares outstanding. Under the two-class method of computing earnings per share, non-vested share-based payment awards that contain rights to receive non-forfeitable dividends are considered participating securities. The Company’s participating securities include restricted stock units (RSUs), deferred shares and shares that were vested, but deferred by the employee. The Company calculated basic and diluted earnings per share under both the treasury stock method and the two-class method. For the three months ended March 31, 2012, there was no impact in the per share amounts calculated under the two methods. Accordingly, the treasury stock method is disclosed below.
The following represents amounts used in computing earnings per share and the effect on the weighted-average number of shares of dilutive potential common shares for the three months ended March 31:
 
 
2012
 
2011
Numerator:
 
 
 
 
Income used in basic and diluted earnings per share:
 
 
 
 
Income from continuing operations, net of tax
 
$
45,163

 
$
2,512

Loss from discontinued operations, net of tax
 
—

 
(11
)
Net income attributable to Diebold, Incorporated
 
$
45,163

 
$
2,501

Denominator (in thousands):
 
 
 
 
Weighted-average number of common shares used in basic earnings per share
 
62,725

 
65,762

Effect of dilutive shares
 
608

 
468

Weighted-average number of shares used in diluted earnings per share
 
63,333

 
66,230

Basic earnings per share:
 
 
 
 
Net income from continuing operations
 
$
0.72

 
$
0.04

Loss from discontinued operations
 
—

 
—

Net income attributable to Diebold, Incorporated
 
$
0.72

 
$
0.04

Diluted earnings per share:
 
 
 
 
Net income from continuing operations
 
$
0.71

 
$
0.04

Loss from discontinued operations
 
—

 
—

Net income attributable to Diebold, Incorporated
 
$
0.71

 
$
0.04

Anti-dilutive shares (in thousands):
 
 
 
 
Anti-dilutive shares not used in calculating diluted weighted-average shares
 
1,596

 
2,023