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Income Per Share
12 Months Ended
Dec. 31, 2012
Income Per Share [Abstract]  
Income Per Share

Note 11. Income Per Share

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

 

                         
    2012     2011     2010  
    (in thousands, except per share data)  

Basic net income per share

                       

Numerator:

                       

Net income attributable to Viad

  $ 5,897     $ 9,210     $ 443  

Less: Allocation to non-vested shares

    (157     (248     (11
   

 

 

   

 

 

   

 

 

 

Net income allocated to Viad common stockholders

  $ 5,740     $ 8,962     $ 432  
   

 

 

   

 

 

   

 

 

 

Denominator:

                       

Weighted-average outstanding common shares

    19,701       19,719       19,955  
   

 

 

   

 

 

   

 

 

 

Net income attributable to Viad common stockholders

  $ 0.29     $ 0.45     $ 0.02  
   

 

 

   

 

 

   

 

 

 

Diluted net income per share

                       

Numerator:

                       

Net income attributable to Viad

  $ 5,897     $ 9,210     $ 443  
   

 

 

   

 

 

   

 

 

 

Denominator:

                       

Weighted-average outstanding shares

    19,701       19,719       19,955  

Additional dilutive shares related to share-based compensation

    304       336       322  
   

 

 

   

 

 

   

 

 

 

Weighted-average outstanding and potentially dilutive shares

    20,005       20,055       20,277  
   

 

 

   

 

 

   

 

 

 

Net income attributable to Viad common stockholders(1)

  $ 0.29     $ 0.45     $ 0.02  
   

 

 

   

 

 

   

 

 

 

 

(1) 

Diluted income per share amount cannot exceed basic income per share.

Options to purchase 110,000, 304,000 and 474,000 shares of common stock were outstanding during 2012, 2011 and 2010, respectively, but were not included in the computation of dilutive shares outstanding because the effect would be anti-dilutive. Additionally, 304,000, 336,000 and 322,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share in 2012, 2011 and 2010, respectively.