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Earnings Per Share ("EPS")
6 Months Ended
Jul. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS")
EARNINGS PER SHARE (“EPS”)
The Company reports a dual presentation of basic and diluted EPS. Basic EPS is computed by dividing net income attributable to shareholders of Tech Data by the weighted average number of shares outstanding during the reported period. Diluted EPS reflects the potential dilution related to equity-based incentives (further discussed in Note 7—Stock-Based Compensation) using the treasury stock method. The composition of basic and diluted EPS is as follows:
 
 
 
 
Three months ended July 31,
 
Six months ended July 31,
 
 
 
2013
 
2012
 
2013
 
2012
 
 
 
 
 
(As restated)
 
 
 
(As restated)
 
 
 
 
 
 
 
 
 
 
Net income attributable to shareholders of Tech Data Corporation
 
 
$
14,695

 
$
34,699

 
$
32,455

 
$
88,877

 
 
 
 
 
 
 
 
 
 
Weighted-average common shares - basic
 
 
38,043

 
38,826

 
37,976

 
39,977

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
Equity-based awards
 
 
137

 
229

 
201

 
337

Weighted-average common shares - diluted
 
 
38,180

 
39,055

 
38,177

 
40,314

 
 
 
 
 
 
 
 
 
 
Net income per share attributable to shareholders of Tech Data Corporation
 
 
 
 
 
 
 
 
 
Basic
 
 
$
0.39

 
$
0.89

 
$
0.85

 
$
2.22

Diluted
 
 
$
0.38

 
$
0.89

 
$
0.85

 
$
2.20


At July 31, 2013 and 2012, there were 6,236 shares and 9,456 shares respectively, excluded from the computation of diluted earnings per share because their effect would have been antidilutive.