XML 49 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Income Per Share Attributable To MICROS Systems, Inc. Common Shareholders
3 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Net Income Per Share Attributable To MICROS Systems, Inc. Common Shareholders
Net income per share attributable to MICROS Systems, Inc. common stockholders
Basic net income per share attributable to MICROS Systems, Inc. common stockholders 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 stockholders includes additional dilution from shares of common stock issuable upon the exercise of outstanding stock options.
 
The following table provides a reconciliation of the net income available to MICROS Systems, Inc. to basic and diluted net income per share:
 
 
 
Three Months Ended
September 30,
(in thousands, except per share data)
 
2013
 
2012
Net income attributable to MICROS Systems, Inc.
 
$
32,271

 
$
41,064

 
 
 
 
 
Weighted-average common shares outstanding
 
76,103

 
80,223

Dilutive effect of outstanding stock options
 
1,609

 
1,746

Weighted-average common shares outstanding assuming dilution
 
77,712

 
81,969

 
 
 
 
 
Basic net income per share attributable to MICROS Systems, Inc. common stockholders
 
$
0.42

 
$
0.51

Diluted net income per share attributable to MICROS Systems, Inc. common stockholders
 
$
0.42

 
$
0.50

 
 
 
 
 
Anti-dilutive weighted shares excluded from reconciliation
 
2,248

 
1,687


 
Results for the three months ended September 30, 2013 and 2012 include approximately $5.0 million ($3.4 million, net of tax) and $4.2 million ($2.9 million, net of tax), in non-cash share-based compensation expense, respectively. The non-cash share-based compensation expense reduced diluted net income per share attributable to MICROS Systems, Inc. common stockholders by $0.04 for each of the three months ended September 30, 2013 and 2012, respectively.