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Earning (Loss) Per Share
9 Months Ended
Sep. 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 nine months ended September 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
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
 
Income (loss) used in basic and diluted earnings per share:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Diebold, Incorporated
 
$
33,020

 
$
(21,690
)
 
$
84,461

 
$
(140,171
)
Denominator (in thousands):
 
 
 
 
 
 
 
 
Weighted-average number of common shares used in basic earnings per share
 
64,615

 
63,825

 
64,494

 
63,648

Effect of dilutive shares (1)
 
678

 

 
608

 

Weighted-average number of shares used in diluted earnings per share
 
65,293

 
63,825

 
65,102

 
63,648

Net income (loss) attributable to Diebold, Incorporated:
 
 
 
 
 
 
 
 
Basic earnings (loss) per share
 
$
0.51

 
$
(0.34
)
 
$
1.31

 
$
(2.20
)
Diluted earnings (loss) per share
 
$
0.51

 
$
(0.34
)
 
$
1.30

 
$
(2.20
)
Anti-dilutive shares (in thousands):
 
 
 
 
 
 
 
 
Anti-dilutive shares not used in calculating diluted weighted-average shares
 
917

 
2,846

 
1,163

 
3,057


(1) Incremental shares of 479 thousand and 560 thousand were excluded from the computation of diluted earnings (loss) 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.