XML 126 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
12 Months Ended
Dec. 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), director deferred shares and shares that were vested but deferred by employees. The Company calculated basic and diluted earnings per share under both the treasury stock method and the two-class method. For the years presented there were no differences in the earnings per share amounts calculated using the two methods. Accordingly, the treasury stock method is disclosed below.

The following table 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 years ended December 31:
 
2012
 
2011
 
2010
Numerator:
 
 
 
 
 
Income (loss) used in basic and diluted earnings per share:
 
 
 
 
 
Income (loss) from continuing operations, net of tax
$
81,579

 
$
144,292

 
$
(20,527
)
(Loss) income from discontinued operations, net of tax
(3,125
)
 
523

 
275

Net income (loss) attributable to Diebold, Incorporated
$
78,454

 
$
144,815

 
$
(20,252
)
Denominator (in thousands):
 
 
 
 
 
Weighted-average number of common
     shares used in basic earnings per share
63,061

 
64,244

 
65,907

Effect of dilutive shares (1)
853

 
548

 

Weighted-average number of shares used in
      diluted earnings per share
63,914

 
64,792

 
65,907

Basic earnings per share:
 
 
 
 
 
Income (loss) from continuing operations, net of tax
$
1.29

 
$
2.24

 
$
(0.31
)
(Loss) income from discontinued operations, net of tax
(0.05
)
 
0.01

 

Net income (loss) attributable to Diebold, Incorporated
$
1.24

 
$
2.25

 
$
(0.31
)
Diluted earnings per share:
 
 
 
 
 
Income (loss) from continuing operations, net of tax
$
1.28

 
$
2.23

 
$
(0.31
)
(Loss) income from discontinued operations, net of tax
(0.05
)
 
0.01

 

Net income (loss) attributable to Diebold, Incorporated
$
1.23

 
$
2.24

 
$
(0.31
)
 
 
 
 
 
 
Anti-dilutive shares (in thousands):
 
 
 
 
 
Anti-dilutive shares not used in calculating diluted
      weighted-average shares
2,201

 
2,270

 
2,658

(1)
Incremental shares of 632,000 were excluded from the computation of diluted EPS for the year ended December 31, 2010 because their effect is anti-dilutive due to the loss from continuing operations.