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Net Income Per Share Attributable To Micros Systems, Inc. Common Shareholders
3 Months Ended
Sep. 30, 2011
Net Income Per Share Attributable to Micros Systems, Inc. Common Shareholders [Abstract] 
Net Income Per Share Attributable To Micros Systems, Inc. Common Shareholders

7.     Net income per share attributable to MICROS Systems, Inc. common shareholders

      Basic net income per share attributable to MICROS Systems, Inc. common shareholders is computed by dividing net income available to MICROS Systems, Inc. by the weighted-average number of shares outstanding.  Diluted net income per share attributable to MICROS Systems, Inc. common shareholders includes the dilutive effect of stock options.

      A reconciliation of the net income available to MICROS Systems, Inc. and the weighted-average number of common shares outstanding assuming dilution is as follows:

 

 

Three Months Ended September 30,

(in thousands, except per share data)

2011

2010

Net income attributable to MICROS Systems, Inc.

$ 37,232

$ 31,617

Effect of noncontrolling interest put arrangement

0

30

Net income available to MICROS Systems, Inc. common shareholders

$ 37,232

$ 31,647

 

 

 

Average common shares outstanding

80,573

80,211

Dilutive effect of outstanding stock options

1,837

1,812

Average common shares outstanding assuming dilution

82,410

82,023

 

 

 

Basic net income per share attributable to MICROS Systems, Inc. common shareholders

$     0.46

$     0.39

Diluted net income per share attributable to MICROS Systems, Inc. common shareholders

$     0.45

$     0.39

 

 

 

Anti-dilutive weighted shares excluded from reconciliation

1,125

198

 

      Results for the three months ended September 30, 2011 and 2010 include approximately $3.0 million ($2.1 million, net of tax) and $2.6 million ($1.9 million, net of tax), in non-cash share-based compensation expense, respectively.  These non-cash share-based compensation expenses reduced diluted net income per share attributable to MICROS Systems, Inc. common shareholders by $0.03 and $0.02 for the three months ended September 30, 2011 and 2010, respectively.