XML 167 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
12.
EARNINGS PER SHARE

Basic earnings per share ("EPS") are calculated with reference to the weighted average number of common shares outstanding during the year.  Treasury shares are not included in the calculation.  The computation of diluted EPS for the years ended December 31, 2013, 2012 and 2011, assumes the conversion of potentially dilutive instruments.

The components of the numerator for the calculation of basic and diluted EPS are as follows:

(in thousands of $)
2013

 
2012

 
2011

Net income attributable to Golar LNG Ltd stockholders – basic
135,713

 
971,303

 
46,650

Add: Interest expense on convertible bonds

 
11,358

 

Net income attributable to Golar LNG Ltd stockholders - diluted
135,713

 
982,661

 
46,650


The components of the denominator for the calculation of basic and diluted EPS are as follows:

(in thousands)
2013

 
2012

 
2011

Basic earnings per share:
 
 
 
 
 
Weighted average number of common shares outstanding
80,530

 
80,324

 
74,707

 
 
 
 
 
 
Diluted earnings per share:
 

 
 

 
 

Weighted average number of common shares outstanding
80,530

 
80,324

 
74,707

Effect of dilutive share options
381

 
380

 
326

Effect of dilutive convertible bonds
4,545

 
3,539

 

Common stock and common stock equivalents
85,456

 
84,243

 
75,033


Earnings per share are as follows:

 
2013

 
2012

 
2011

Basic
$
1.69

 
$
12.09

 
$
0.62

Diluted
$
1.59

 
$
11.66

 
$
0.62