Forward Air Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2014

The following table sets forth the computation of basic and diluted net income per share:



	Three months ended				Nine months ended
	September 30, 2014		September 30, 2013		September 30, 2014		September 30, 2013
Numerator:
Numerator for basic and diluted income per share - net income	$	16,744	$	14,197	$	44,123	$	38,882
Denominator (in thousands):
Denominator for basic income per share - weighted-average shares	30,415		30,374		30,710		30,017
Effect of dilutive stock options (in thousands)	418		447		431		512
Effect of dilutive performance shares (in thousands)	37		13		41		9
Effect of dilutive non-vested shares and deferred stock units (in thousands)	62		152		52		139
Denominator for diluted income per share - adjusted weighted-average shares	30,932		30,986		31,234		30,677
Basic net income per share	$	0.55	$	0.47	$	1.44	$	1.30
Diluted net income per share	$	0.54	$	0.46	$	1.41	$	1.27

The number of instruments that could potentially dilute net income per basic share in the future, but that were not included in the computation of net income per diluted share because to do so would have been anti-dilutive for the periods presented, are as follows:



	September 30, 2014	September 30, 2013
Anti-dilutive stock options (in thousands)	108	186
Anti-dilutive performance shares (in thousands)	—	—
Total anti-dilutive shares (in thousands)	108	186