Income Per Share

12 Months Ended

Dec. 31, 2015

Note 7: Income Per Share

The following table presents the basis of the income per share computation:


	Years Ended December 31,
	2015			2014			2013
	(In thousands)
Numerator for basic and diluted income per share:
Income from continuing operations	$	66,508		$	74,432		$	104,734
Less: Net loss attributable to noncontrolling interest		(24	)		—			—

Income from continuing operations attribuable to Belden stockholders		66,532			74,432			104,734
Income (loss) from discontinued operations, net of tax, attributable to Belden stockholders		(242	)		579			(1,421	)
Loss from disposal of discontinued operations, net of tax, attributable to Belden stockholders		(86	)		(562	)		—

Net income attributable to Belden stockholders	$	66,204		$	74,449		$	103,313

Denominator:
Weighted average shares outstanding, basic		42,390			43,273			43,871
Effect of dilutive common stock equivalents		563			724			866

Weighted average shares outstanding, diluted		42,953			43,997			44,737

For the years ended December 31, 2015, 2014, and 2013, diluted weighted average shares outstanding do not include outstanding equity awards of 0.4 million, 0.2 million, and 0.2 million, respectively, because to do so would have been anti-dilutive.

For purposes of calculating basic earnings per share, unvested restricted stock units are not included in the calculation of basic weighted average shares outstanding until all necessary conditions have been satisfied and issuance of the shares underlying the restricted stock units is no longer contingent. Necessary conditions are not satisfied until the vesting date, at which time holders of our restricted stock units receive shares of our common stock.

For purposes of calculating diluted earnings per share, unvested restricted stock units are included to the extent that they are dilutive. In determining whether unvested restricted stock units are dilutive, each issuance of restricted stock units is considered separately.

Once a restricted stock unit has vested, it is included in the calculation of both basic and diluted weighted average shares outstanding.