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Income per Share
12 Months Ended
Mar. 31, 2013
Income per Share

Note 14. Income per Share

The following table sets forth the computation of basic and diluted income from continuing operations per share:

 

     2013      2012      2011  
     (In thousands, except per share amounts)  

Income from continuing operations

   $ 73,561       $ 119,443       $ 141,346   
  

 

 

    

 

 

    

 

 

 

Shares:

        

Weighted-average shares outstanding — basic

     93,560         101,766         107,647   

Dilutive potential common shares, using treasury stock method

     438         945         1,545   
  

 

 

    

 

 

    

 

 

 

Weighted-average shares outstanding — diluted

     93,998         102,711         109,192   
  

 

 

    

 

 

    

 

 

 

Income from continuing operations per share:

        

Basic

   $ 0.79       $ 1.17       $ 1.31   
  

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.78       $ 1.16       $ 1.29   
  

 

 

    

 

 

    

 

 

 

Stock-based awards, including stock options and restricted stock units, representing 18.4 million, 16.6 million and 14.5 million shares of common stock have been excluded from the diluted per share calculations for fiscal 2013, 2012 and 2011, respectively. These stock-based awards have been excluded from the diluted per share calculations because their effect would have been antidilutive.