Income Per Share

6 Months Ended

Jun. 30, 2011

Income Per Share [Abstract]

Income Per Share

Note 11. Income Per Share

The following is a reconciliation of the numerators and denominators of basic and diluted per share computations for net income attributable to Viad:

	Three months ended June 30,						Six months ended June 30,
	2011			2010			2011			2010
	(in thousands, except per share data)
Basic net income per share
Numerator:
Net income attributable to Viad	$	4,485		$	3,028		$	14,272		$	46
Less: Allocation to non-vested shares		(111	)		(71	)		(370	)		(1	)
Net income allocated to Viad common stockholders	$	4,374		$	2,957		$	13,902		$	45
Denominator:
Weighted-average outstanding common shares		19,816			20,059			19,797			20,055
Net income attributable to Viad common stockholders	$	0.22		$	0.15		$	0.70		$	—
Diluted net income per share
Numerator:
Net income attributable to Viad	$	4,485		$	3,028		$	14,272		$	46
Denominator:
Weighted-average outstanding shares		19,816			20,059			19,797			20,055
Additional dilutive shares related to share-based compensation		305			316			305			283
Weighted-average outstanding and potentially dilutive shares		20,121			20,375			20,102			20,338
Net income attributable to Viad common stockholders (1)	$	0.22		$	0.15		$	0.70		$	—

⁽¹⁾ Diluted income per share cannot exceed basic income per share.

Options to purchase 330,000 and 480,000 shares of common stock were outstanding during the six months ended June 30, 2011 and 2010, respectively, but were not included in the computation of dilutive shares outstanding because the effect would be anti-dilutive. Additionally, 305,000 and 316,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share during the three months ended June 30, 2011 and 2010, respectively. During the six months ended June 30, 2011 and 2010, 305,000 and 283,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share, respectively.