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Earning (Loss) Per Share
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per share is based on the weighted-average number of common shares outstanding. Diluted earnings (loss) per share includes the dilutive effect of potential common shares outstanding. Under the two-class method of computing earnings (loss) 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 (loss) per share under both the treasury stock method and the two-class method. For the three and six months ended June 30, 2014 and 2013, 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 (loss) per share and the effect on the weighted-average number of shares of dilutive potential common shares:
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
 
Income (loss) used in basic and diluted earnings per share:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Diebold, Incorporated
 
$
41,635

 
$
(105,035
)
 
$
51,441

 
$
(118,481
)
Denominator (in thousands):
 
 
 
 
 
 
 
 
Weighted-average number of common shares used in basic earnings per share
 
64,588

 
63,700

 
64,424

 
63,509

Effect of dilutive shares (1)
 
636

 

 
594

 

Weighted-average number of shares used in diluted earnings per share
 
65,224

 
63,700

 
65,018

 
63,509

Net income (loss) attributable to Diebold, Incorporated:
 
 
 
 
 
 
 
 
Basic earnings (loss) per share
 
$
0.64

 
$
(1.65
)
 
$
0.80

 
$
(1.87
)
Diluted earnings (loss) per share
 
$
0.64

 
$
(1.65
)
 
$
0.79

 
$
(1.87
)
Anti-dilutive shares (in thousands):
 
 
 
 
 
 
 
 
Anti-dilutive shares not used in calculating diluted weighted-average shares
 
1,022

 
2,538

 
1,214

 
2,598


(1) Incremental shares of 447 thousand and 505 thousand were excluded from the computation of diluted earnings (loss) per share for the three and six months ended June 30, 2013, respectively, because their effect is anti-dilutive due to the net loss attributable to Diebold, Incorporated.