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(Loss) Earnings Per Share
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE
(LOSS) EARNINGS PER SHARE
Basic (loss) earnings per share is based on the weighted-average number of common shares outstanding. Diluted (loss) earnings per share includes the dilutive effect of potential common shares outstanding. Under the two-class method of computing (loss) 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 (loss) earnings per share under both the treasury stock method and the two-class method. For the three and nine months ended September 30, 2013 and 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 (loss) earnings per share and the effect on the weighted-average number of shares of dilutive potential common shares:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
 
(Loss) income used in basic and diluted earnings per share:
 
 
 
 
 
 
 
 
Net (loss) income attributable to Diebold, Incorporated
 
$
(21,690
)
 
$
16,221

 
$
(140,171
)
 
$
85,461

Denominator:
 
 
 
 
 
 
 
 
Weighted-average number of common shares used in basic earnings per share
 
63,825

 
63,211

 
63,648

 
63,003

Effect of dilutive shares (1)
 

 
923

 

 
927

Weighted-average number of shares used in diluted earnings per share
 
63,825

 
64,134

 
63,648

 
63,930

Net (loss) income attributable to Diebold, Incorporated:
 
 
 
 
 
 
 
 
Basic (loss) earnings per share
 
$
(0.34
)
 
$
0.26

 
$
(2.20
)
 
$
1.36

Diluted (loss) earnings per share
 
$
(0.34
)
 
$
0.25

 
$
(2.20
)
 
$
1.34

Anti-dilutive shares (in thousands):
 
 
 
 
 
 
 
 
Anti-dilutive shares not used in calculating diluted weighted-average shares
 
2,846

 
2,174

 
3,057

 
2,208


 
(1) Incremental shares of 479 thousand and 560 thousand were excluded from the computation of diluted (loss) earnings per share for the three and nine months ended September 30, 2013, respectively, because their effect is anti-dilutive due to the net loss attributable to Diebold, Incorporated.