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Income Per Share Information
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Income Per Share Information

11.

Income Per Share Information

The calculations of basic and diluted income per share attributable to CBRE Group, Inc. shareholders are as follows (dollars in thousands, except share data): 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

 

 

 

 

(As Adjusted) (1)

 

 

 

 

 

 

(As Adjusted) (1)

 

Basic Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to CBRE Group, Inc. shareholders

 

$

228,667

 

 

$

201,777

 

 

$

378,955

 

 

$

338,797

 

Weighted average shares outstanding for basic income per share

 

 

339,081,556

 

 

 

336,975,149

 

 

 

338,986,354

 

 

 

336,941,681

 

Basic income per share attributable to CBRE Group, Inc.

   shareholders

 

$

0.67

 

 

$

0.60

 

 

$

1.12

 

 

$

1.01

 

Diluted Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to CBRE Group, Inc. shareholders

 

$

228,667

 

 

$

201,777

 

 

$

378,955

 

 

$

338,797

 

Weighted average shares outstanding for diluted income

   per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for basic income

   per share

 

 

339,081,556

 

 

 

336,975,149

 

 

 

338,986,354

 

 

 

336,941,681

 

Dilutive effect of contingently issuable shares

 

 

4,389,957

 

 

 

3,905,498

 

 

 

4,044,050

 

 

 

3,267,556

 

Dilutive effect of stock options

 

 

 

 

 

1,956

 

 

 

785

 

 

 

5,009

 

Weighted average shares outstanding for diluted income

   per share

 

 

343,471,513

 

 

 

340,882,603

 

 

 

343,031,189

 

 

 

340,214,246

 

Diluted income per share attributable to CBRE Group, Inc.

   shareholders

 

$

0.67

 

 

$

0.59

 

 

$

1.10

 

 

$

1.00

 

 

(1)

We adopted new revenue recognition guidance in the first quarter of 2018. Certain restatements have been made to the 2017 financial statements to conform with the 2018 presentation. See Notes 2 and 3 for more information.

For the three and six months ended June 30, 2018, 75,851 and 51,946, respectively, of contingently issuable shares were excluded from the computation of diluted income per share because their inclusion would have had an anti-dilutive effect.

For the three and six months ended June 30, 2017, 1,317,651 and 2,037,886, respectively, of contingently issuable shares were excluded from the computation of diluted income per share because their inclusion would have had an anti-dilutive effect.