Vistaprint 2007 Annual Report Download - page 76

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VISTAPRINT LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Years Ended June 30, 2007, 2006 and 2005
(in thousands, except share and per share data)
The following table sets forth the computation of basic and diluted net income (loss) per share (in
thousands, except share and per share amounts):
Year Ended June 30,
2007 2006 2005
Numerator:
Net income (loss) ..................................... $ 27,143 $ 19,235 $ (16,219)
Allocation of net income (loss):
Basic:
Accretion of preferred share dividends .............. — 1,281 4,813
Undistributed net income allocated to preferred
shareholders ................................... — 1,065 —
Net income attributable to preferred shareholders .... — 2,346 4,813
Net income (loss) attributable to common
shareholders ................................... 27,143 16,889 (21,032)
Net income (loss) ..................................... $ 27,143 $ 19,235 $ (16,219)
Diluted:
Accretion of preferred share dividends .............. — — 4,813
Undistributed net income allocated to preferred
shareholders ................................... — — —
Net income attributable to preferred shareholders .... — — 4,813
Net income (loss) attributable to common
shareholders ................................... 27,143 19,235 (21,032)
Net income (loss) ..................................... $ 27,143 $ 19,235 $ (16,219)
Denominator
Weighted-average common shares outstanding .......... 42,445,991 33,147,287 11,358,575
Weighted-average common shares upon conversion of
convertible preferred shares.......................... — 5,618,395 —
Weighted-average common shares issuable upon
exercise of outstanding share options/RSUs ........... 2,918,266 3,859,007 —
Shares used in computing diluted net income (loss) per
common share...................................... 45,364,257 42,624,689 11,358,575
Calculation of net income (loss) per share:
Basic:
Net income (loss) attributable to common
shareholders ................................... $ 27,143 $ 16,889 $ (21,032)
Weighted average common shares outstanding...... 42,445,991 33,147,287 11,358,575
Net income (loss) per common share ............... $ 0.64 $ 0.51 $ (1.85)
Diluted:
Net income (loss) attributable to common
shareholders ................................... $ 27,143 $ 19,235 $ (21,032)
Shares used in computing diluted net income (loss)
per common share .............................. 45,364,257 42,624,689 11,358,575
Net income (loss) per common share ............... $ 0.60 $ 0.45 $ (1.85)
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