Earnings Per Share Computation

3 Months Ended

Mar. 31, 2012

Earnings Per Share Computation [Abstract]

Earnings Per Share Computation

6. Earnings Per Share Computation

Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings 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.

The following table sets forth the reconciliation of numerators and denominators for the basic and diluted earnings per share computation for the three months ended March 31, 2012 and 2011 (dollars in thousands, except per share amounts):

	Three Months Ended March 31,
	2012		2011
Numerator:
Net income attributable to Cash America International, Inc.	$	41,467	$	36,378
Denominator:
Total weighted average basic shares (a)		29,616		29,755
Shares applicable to stock-based compensation(b)		297		585
Convertible debt(c)		1,999		1,720
Total weighted average diluted shares (d)		31,912		32,060
Net income – basic	$	1.40	$	1.22
Net income – diluted	$	1.30	$	1.13

(a)	Includes vested restricted stock units of 279 and 220, as well as 32 and 32 shares in the Company's nonqualified deferred compensation plan for the three months ended March 31, 2012 and 2011, respectively.
(b)	Includes shares related to outstanding option awards that are exercisable and shares related to unvested or deferred restricted stock unit awards.
(c)	The shares issuable with respect to the Company's 2009 Convertible Notes due 2029 (the "2009 Convertible Notes") have been calculated using the treasury stock method. The Company intends to settle the principal portion of the convertible debt in cash; therefore, only the shares related to the conversion spread have been included in weighted average diluted shares.
(d)	There are no anti-dilutive shares for the three months ended March 31, 2012 and 2011.