Net Income Per Share Attributable To Micros Systems, Inc. Common Shareholders

9 Months Ended

Mar. 31, 2012

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 attributable 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.

     Reconciliations of (i) the net income attributable to MICROS Systems, Inc. to the net income attributable to MICROS Systems, Inc. common sharehholders, and (ii) the weighted-average number of common shares outstanding assuming dilution are set forth in the following table:

		Three Months Ended					Nine months Ended
		March 31,					March 31,
(in thousands, except per share data)		2012			2011		2012			2011
Net income attributable to MICROS Systems, Inc.	$	43,247	$	38,579		$	118,764	$	102,523
Effect of minority put arrangement		0			0		0			30
Net income attributable to MICROS Systems, Inc.	$	43,247	$	38,579		$	118,764	$	102,553
common shareholders
Average common shares outstanding		80,123			80,957		80,283			80,636
Dilutive effect of outstanding stock options		1,885			1,956		1,844			1,926
Average common shares outstanding assuming dilution		82,008			82,913		82,127			82,562
Basic net income per share attributable to	$	0.54		$	0.48	$	1.48		$	1.27
MICROS Systems, Inc. common shareholders
Diluted net income per share attributable to	$	0.53		$	0.47	$	1.45		$	1.24
MICROS Systems, Inc. common shareholders
Anti-dilutive weighted shares excluded from		1,337			833		1,544			615
reconciliation

     Results for the three months ended March 31, 2012 and 2011 include approximately $3.8 million ($2.3 million, net of tax) and $2.6 million ($1.8 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 March 31, 2012 and 2011, respectively.

     Results for the nine months ended March 31, 2012 and 2011 include approximately $12.5 million ($8.2 million, net of tax) and $9.5 million ($6.1 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 $0.10 and $0.07 for the nine months ended March 31, 2012 and 2011, respectively.