XML 116 R10.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 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), director deferred shares and shares that were vested but deferred by employees. The Company calculated basic and diluted earnings (loss) per share under both the treasury stock method and the two-class method. For the years presented there were no differences in the earnings (loss) 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 (loss) per share and the effect on the weighted-average number of shares of dilutive potential common shares for the years ended December 31:
 
2014
 
2013
 
2012
Numerator
 
 
 
 
 
Income (loss) used in basic and diluted earnings (loss) per share
 
 
 
 
 
Income (loss) from continuing operations, net of tax
$
114,417

 
$
(181,605
)
 
$
76,728

Loss from discontinued operations, net of tax

 

 
(3,125
)
Net income (loss) attributable to Diebold, Incorporated
$
114,417

 
$
(181,605
)
 
$
73,603

Denominator
 
 
 
 
 
Weighted-average number of common
shares used in basic earnings (loss) per share
64,530

 
63,659

 
63,061

Effect of dilutive shares (1)
624

 

 
853

Weighted-average number of shares used in
diluted earnings (loss) per share
65,154

 
63,659

 
63,914

Basic earnings (loss) per share
 
 
 
 
 
Income (loss) from continuing operations, net of tax
$
1.77

 
$
(2.85
)
 
$
1.22

Loss from discontinued operations, net of tax

 

 
(0.05
)
Net income (loss) attributable to Diebold, Incorporated
$
1.77

 
$
(2.85
)
 
$
1.17

Diluted earnings (loss) per share
 
 
 
 
 
Income (loss) from continuing operations, net of tax
$
1.76

 
$
(2.85
)
 
$
1.20

Loss from discontinued operations, net of tax

 

 
(0.05
)
Net income (loss) attributable to Diebold, Incorporated
$
1.76

 
$
(2.85
)
 
$
1.15

 
 
 
 
 
 
Anti-dilutive shares
 
 
 
 
 
Anti-dilutive shares not used in calculating diluted
weighted-average shares
1,053

 
2,597

 
2,201

(1)
Incremental shares of 545 thousand were excluded from the computation of diluted EPS for the year ended December 31, 2013 because their effect is anti-dilutive due to the loss from continuing operations.