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Earnings per Share
6 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings per Share

12. Earnings per Share

The calculations of basic and diluted net income per share and basic and diluted weighted average shares outstanding are as follows for the three and six months ended March 31, 2019 and 2018 (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

March 31, 

 

March 31, 

 

 

    

2019

    

2018

    

2019

    

2018

    

Income (loss) from continuing operations

 

$

(2,829)

 

$

62,497

 

$

3,437

 

$

64,116

 

Income from discontinued operations, net of tax

 

 

6,250

 

 

4,523

 

 

14,399

 

 

19,390

 

Net income

 

$

3,421

 

$

67,020

 

$

17,836

 

$

83,506

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding used in computing basic earnings per share

 

 

72,077

 

 

70,220

 

 

71,760

 

 

70,340

 

Dilutive restricted stock units

 

 

215

 

 

393

 

 

455

 

 

568

 

Weighted average common shares outstanding used in computing diluted earnings per share

 

 

72,292

 

 

70,613

 

 

72,215

 

 

70,908

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share attributable to Brooks Automation, Inc. common stockholders:

 

 

  

 

 

  

 

 

  

 

 

  

 

Income (loss) from continuing operations

 

$

(0.04)

 

$

0.89

 

$

0.05

 

$

0.91

 

Income from discontinued operations, net of tax

 

 

0.09

 

 

0.06

 

 

0.20

 

 

0.28

 

Basic net income per share attributable to Brooks Automation, Inc.

 

$

0.05

 

$

0.95

 

$

0.25

 

$

1.19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per share attributable to Brooks Automation, Inc. common stockholders:

 

 

  

 

 

  

 

 

  

 

 

  

 

Income (loss) from continuing operations

 

$

(0.04)

 

$

0.89

 

$

0.05

 

$

0.90

 

Income from discontinued operations, net of tax

 

 

0.09

 

 

0.06

 

 

0.20

 

 

0.27

 

Diluted net income per share attributable to Brooks Automation, Inc. common stockholders

 

$

0.05

 

$

0.95

 

$

0.25

 

$

1.18

 

Dividend declared per share

 

$

0.10

 

$

0.10

 

$

0.20

 

$

0.20

 

 

During the three and the six months ended March 31, 2019, antidilutive restricted stock units of 4,599 and 8,751, respectively, were excluded from the computation of diluted earnings per share based on the treasury stock method. During the three and the six months ended March 31, 2018, antidilutive restricted stock units of 190,517 and 190,266, respectively, were excluded from the computation of diluted earnings per share based on the treasury stock method.