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Income Per Share
 6 Months Ended
Jun. 30, 2012
Income Per Share [Abstract]  
Income Per Share

Note 12. 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,  
    2012     2011     2012     2011  
    (in thousands, except per share data)  

Basic net income per share

                                

Numerator:

                                

Net income attributable to Viad

   $ 6,090     $ 4,485     $ 7,117     $ 14,272  

Less: Allocation to non-vested shares

     (163 )      (111 )      (194 )      (370 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income allocated to Viad common stockholders

   $ 5,927     $ 4,374     $ 6,923     $ 13,902  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Denominator:

                                

Weighted-average outstanding common shares

     19,716       19,816       19,680       19,797  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income attributable to Viad common stockholders

   $ 0.30     $ 0.22     $ 0.35     $ 0.70  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Diluted net income per share

                                

Numerator:

                                

Net income attributable to Viad

   $ 6,090     $ 4,485     $ 7,117     $ 14,272  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Denominator:

                                

Weighted-average outstanding common shares

     19,716       19,816       19,680       19,797  

Additional dilutive shares related to share-based compensation

     245       305       270       305  
   

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average outstanding and potentially dilutive shares

     19,961       20,121       19,950       20,102  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income attributable to Viad common stockholders (1)

   $ 0.30     $ 0.22     $ 0.35     $ 0.70  
   

 

 

    

 

 

    

 

 

    

 

 

  

 

(1)

Diluted income per share cannot exceed basic income per share.

Options to purchase 390,000 and 330,000 shares of common stock were outstanding during the six months ended June 30, 2012 and 2011, respectively, but were not included in the computation of dilutive shares outstanding because the effect would be anti-dilutive. Additionally, 245,000 and 305,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share during the three months ended June 30, 2012 and 2011, respectively. During the six months ended June 30, 2012 and 2011, 270,000 and 305,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share, respectively.