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Earnings Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share  
Earnings Per Share

 

Note 6—Earnings Per Share

 

Basic earnings per share (“EPS”) is computed by dividing net income attributable to Amphenol Corporation by the weighted-average number of common shares outstanding. Diluted EPS is computed by dividing net income attributable to Amphenol Corporation by the weighted-average number of common shares and dilutive common shares outstanding, which relates to stock options. A reconciliation of the basic weighted average common shares outstanding to diluted weighted average common shares outstanding as of December 31 is as follows (dollars and shares in millions):

 

 

 

2015

 

2014

 

2013

 

Net income attributable to Amphenol Corporation shareholders

 

$

763.5 

 

$

709.1 

 

$

635.7 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares outstanding

 

309.1 

 

313.1 

 

318.2 

 

Effect of dilutive stock options

 

7.4 

 

7.3 

 

6.3 

 

 

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

316.5 

 

320.4 

 

324.5 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to Amphenol Corporation shareholders:

 

 

 

 

 

 

 

Basic

 

$

2.47 

 

$

2.26 

 

$

2.00 

 

Diluted

 

$

2.41 

 

$

2.21 

 

$

1.96 

 

 

Excluded from the computations above were anti-dilutive common shares of 6.3 million, 5.5 million and 3.8 million for the years ended December 31, 2015, 2014 and 2013, respectively.