Net Income per Share Attributable to Deckers Outdoor Corporation Common Stockholders

9 Months Ended

Sep. 30, 2012

Net Income per Share Attributable to Deckers Outdoor Corporation Common Stockholders

Net Income per Share Attributable to Deckers Outdoor Corporation Common Stockholders

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

Basic net income per share represents net income attributable to Deckers Outdoor Corporation divided by the weighted-average number of common shares outstanding for the period. Diluted net income per share represents net 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 nine months ended September30, 2012 and 2011 the reconciliations of basic to diluted weighted-average common shares outstanding were as follows:

	ThreeMonthsEnded		NineMonthsEnded
	September30,		September30,
	2012	2011	2012	2011
Weighted-average shares used in basic computation	36,129,000	38,603,000	37,534,000	38,595,000
Dilutive effect of share-based awards*	448,000	587,000	460,000	681,000
Weighted-average shares used in diluted computation	36,577,000	39,190,000	37,994,000	39,276,000

*Excluded NSUs, and RSUs	870,000	402,000	870,000	402,000
*Excluded SARs	525,000	525,000	525,000	525,000

The share-based awards that were excluded from the dilutive effect were excluded because necessary conditions had not been satisfied for the shares to be issuable based on the Company's performance through the three and nine months ended September 30, 2012 and 2011, respectively. The excluded awards include the maximum amounts achievable for these awards.