LinkedIn 2014 Annual Report Download - page 110

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The following table presents the calculation of basic and diluted net income (loss) per share
attributable to common stockholders (in thousands, except per share data):
Year Ended December 31,
2014 2013 2012
Class A Class B Class A Class B Class A Class B
Basic net income (loss) per share attributable to
common stockholders:
Numerator:
Allocation of undistributed earnings .......... $(13,659) $ (2,088) $ 22,443 $ 4,326 $ 14,735 $ 6,874
Denominator:
Weighted-average common shares outstanding . . 106,518 16,282 95,282 18,361 71,711 33,455
Basic net income (loss) per share attributable to
common stockholders ..................... $ (0.13) $ (0.13) $ 0.24 $ 0.24 $ 0.21 $ 0.21
Diluted net income (loss) per share attributable to
common stockholders:
Numerator:
Allocation of undistributed earnings for basic
computation ........................ $(13,659) $ (2,088) $ 22,443 $ 4,326 $ 14,735 $ 6,874
Reallocation of undistributed earnings as a result
of conversion of Class B to Class A shares . . . (2,088) 4,326 6,874
Reallocation of undistributed earnings to Class B
shares ............................ — 713 — 902
Allocation of undistributed earnings ....... $(15,747) $ (2,088) $ 26,769 $ 5,039 $ 21,609 $ 7,776
Denominator:
Number of shares used in basic calculation ..... 106,518 16,282 95,282 18,361 71,711 33,455
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A common
shares outstanding .................. 16,282 — 18,361 — 33,455 —
Employee stock options ................ 4,128 4,025 7,288 7,151
RSUs and other dilutive securities ......... 1,173 — 390
Number of shares used in diluted calculation . 122,800 16,282 118,944 22,386 112,844 40,606
Diluted net income (loss) per share attributable to
common stockholders ..................... $ (0.13) $ (0.13) $ 0.23 $ 0.23 $ 0.19 $ 0.19
The following weighted-average employee equity awards were excluded from the calculation of
diluted net income (loss) per share attributable to common stockholders because their effect would
have been anti-dilutive for the periods presented (in thousands):
Year Ended
December 31,
2014 2013 2012
Employee stock options .......................................... 4,093 588 28
RSUs and other equity ........................................... 4,844 162 36
Total ...................................................... 8,937 750 64
108