8. Net Income Per Share

Basic net income per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted net income per share is calculated by giving effect to the potential dilution that could occur if securities or other contracts to issue common shares were exercised and converted into common shares during the period. When a net loss exists, all potentially dilutive securities are anti-dilutive and are therefore excluded from the diluted per-share computation.

RSUs issued under the Company’s stock-based employee compensation plans are included in diluted shares from the grant date of the award. The dilutive effect of performance-based RSU awards is adjusted at each balance sheet date throughout the requisite service period based on the level of performance that management estimates is the most probable at that date.

The following table sets forth the reconciliation of numerators and denominators of basic and diluted net income per share computations for the three and six months ended June 30, 2015 and 2014 (dollars and shares in thousands, except per share amounts):



	Three Months Ended June 30,					Six Months Ended June 30,
	2015		2014			2015		2014
Numerator:
Net Income (Loss) from Continuing Operations	$	2,071	$	(11,746	)	$	9,916	$	(8,509	)
Net Income from Discontinued Operations	—		32,717			—		75,217
Net Income attributable to Cash America International, Inc.	$	2,071	$	20,971		$	9,916	$	66,708
Denominator:
Total weighted average basic shares ^(a)	27,326		28,823			28,005		28,616
Shares applicable to stock-based compensation	182		87			119		61
Convertible debt ^(b)	—		346			—		688
Total weighted average diluted shares ^(c)	27,508		29,256			28,124		29,365
Net Income (Loss) from Continuing Operations - basic	$	0.08	$	(0.41	)	$	0.35	$	(0.30	)
Net Income from Discontinued Operations - basic	—		1.14			—		2.63
Net Income Attributable to Cash America International, Inc. - basic	$	0.08	$	0.73		$	0.35	$	2.33
Net Income (Loss) from Continuing Operations - diluted	$	0.08	$	(0.41	)	$	0.35	$	(0.30	)
Net Income from Discontinued Operations - diluted	—		1.12			—		2.56
Net Income Attributable to Cash America International, Inc. - diluted ^(d)	$	0.08	$	0.72		$	0.35	$	2.27


^(a)	Includes vested and deferred RSUs of 299 and 309, as well as Director Deferred Shares of 32 for both the three months ended June 30, 2015 and 2014, respectively, and included vested and deferred RSUs of 302 and 309, as well as Director Deferred Shares of 32 for both the six months ended June 30, 2015 and 2014, respectively.

^(b)

On May 15, 2014, the Company called its outstanding 5.25% Convertible Senior Notes due May 15, 2029 that were issued and sold by the Company on May 19, 2009 (the “2029 Convertible Notes”), and the noteholders elected to convert such notes. The Company settled the principal portion of the outstanding 2029 Convertible Notes in cash and issued 747,085 of the Company’s common shares related to the conversion spread. Prior to the repayment of the 2029 Convertible Notes, only the shares related to the conversion spread, not the shares related to the principal payment, were included in weighted average diluted shares because the Company intended to pay the principal portion of the notes in cash.

^(c)

Excludes 117 and 7 anti-dilutive shares for the three months ended June 30, 2015 and 2014, respectively, and excludes 239 and 13 anti-dilutive shares for the six months ended June 30, 2015 and 2014, respectively. Anti-dilutive shares for the three and six months ended June 30, 2015 includes certain shares applicable to stock-based compensation and potential shares to be delivered to the Company upon settlement of the ASR agreement. When a net loss exists, all potentially dilutive securities are anti-dilutive and are therefore excluded from the dilutive per-share computation.


^(d)	Earnings per share amounts included in this information may not sum due to rounding differences.