Net (Loss) Income per Share Attributable to Deckers Outdoor Corporation Common Stockholders

6 Months Ended

Jun. 30, 2012

Net (Loss) Income per Share Attributable to Deckers Outdoor Corporation Common Stockholders

Net (Loss) Income per Share Attributable to Deckers Outdoor Corporation Common Stockholders

(5)Net (Loss) Income per Share Attributable to Deckers Outdoor Corporation Common Stockholders

Basic net (loss) income per share represents net (loss) income attributable to Deckers Outdoor Corporation divided by the weighted-average number of common shares outstanding for the period.  Diluted net (loss) income per share represents net (loss) income attributable to Deckers Outdoor Corporation divided by the weighted-average number of shares outstanding, including the dilutive impact of potential issuances of common stock.  For the three and six months ended June 30, 2012 and 2011, the reconciliations of basic to diluted weighted-average common shares outstanding were as follows:

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2012	2011	2012	2011
Weighted-average shares used in basic computation	37,873,000	38,670,000	38,244,000	38,640,000
Dilutive effect of share-based awards*	—	—	—	664,000
Weighted-average shares used in diluted computation	37,873,000	38,670,000	38,244,000	39,304,000

*Excluded NSUs, RSUs and Options as of June 30, 2012 and 2011	1,419,000	1,255,000	1,419,000	553,000
*Excluded SARs as of June 30, 2012 and 2011	745,000	945,000	745,000	645,000

The Company excluded all NSUs, RSUs, Options and Stock Appreciation Rights (SARs) for the three and six months ended June 30, 2012, and for the three months ended June 30, 2011, from the diluted net (loss) income per share computation because they were anti-dilutive due to the net loss for each of those periods. For the six months ended June 30, 2011, the share-based awards that were excluded from the dilutive effect were excluded because the necessary conditions had not been satisfied for the shares to be issuable based on the Company’s performance through June 30, 2011.  The excluded awards include the maximum amounts achievable for these awards.