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Table of Contents NETGEAR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
Net income per share for the years ended December 31, 2013 , 2012 and 2011 are as follows (in thousands, except per share data):
Common stock equivalents excluded from net income per diluted share because their effect would have been anti-dilutive totaled 2.8 million ,
2.6
million and 2.0 million shares for the years ended December 31, 2013 , 2012 and 2011 , respectively.
Note 7. Other (Expense) Income, Net
Other income (expense), net consisted of the following (in thousands):
Note 8. Income Taxes
Income before income taxes consists of the following (in thousands):
81
Year Ended
December 31,
2013
December 31,
2012
December 31,
2011
Net income
$
55,217
$
86,539
$
91,368
Weighted average shares outstanding:
Basic
38,379
38,057
37,121
Dilutive potential common shares
569
690
811
Total diluted
38,948
38,747
37,932
Basic net income per share
$
1.44
$
2.27
$
2.46
Diluted net income per share
$
1.42
$
2.23
$
2.41
Year Ended December 31,
2013
2012
2011
Foreign currency transaction (loss) gain, net
$
(1,592
)
204
$
131
Foreign currency contract gain (loss), net
341
(660
)
(1,267
)
Other
794
3,126
—
Total
$
(457
)
2,670
$
(1,136
)
Year Ended December 31,
2013
2012
2011
United States
$
91,318
102,159
$
79,318
International
1,664
27,123
44,892
Total
$
92,982
129,282
$
124,210