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Earnings Per Share | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
Earnings Per Share | 27. Earnings per share Basic earnings per share (“EPS”) is calculated by dividing net income by the weighted average number of our ordinary shares outstanding, which excludes 3,426,810, 3,030,724 and 232,140 unvested restricted stock as of December 31, 2016, 2015 and 2014, respectively. For the calculation of diluted EPS, the weighted average of our ordinary shares outstanding for basic EPS is adjusted by the effect of dilutive securities, including awards under our equity compensation plans. The number of shares excluded from diluted shares outstanding was 152,314, 36,666 and nil for the years ended December 31, 2016, 2015 and 2014, respectively, because the effect of including those shares in the calculation would have been anti-dilutive. The computations of basic and diluted EPS for the years ended December 31, 2016, 2015 and 2014 were as follows:
﻿ |  |  |  |  |  |  |  |
﻿ | Year Ended December 31,
﻿ | 2016 |  | 2015 |  | 2014
﻿Net income for the computation of basic EPS | $ | 1,046,630 |  | $ | 1,178,730 |  | $ | 810,447
﻿Weighted average ordinary shares outstanding - basic |  | 185,514,370 |  |  | 203,850,828 |  |  | 175,912,662
﻿Basic EPS | $ | 5.64 |  | $ | 5.78 |  | $ | 4.61
﻿ |  |  |  |  |  |  |  |
﻿ | Year Ended December 31,
﻿ | 2016 |  | 2015 |  | 2014
﻿Net income for the computation of diluted EPS | $ | 1,046,630 |  | $ | 1,178,730 |  | $ | 810,447
﻿Weighted average ordinary shares outstanding - diluted |  | 189,682,036 |  |  | 206,224,135 |  |  | 178,684,989
﻿Diluted EPS | $ | 5.52 |  | $ | 5.72 |  | $ | 4.54
The computations of ordinary shares outstanding, excluding unvested restricted stock, as of December 31, 2016, 2015 and 2014 were as follows: ﻿
﻿ |  |  |  |  |
﻿ | As of December 31,
﻿ | 2016 |  | 2015 |  | 2014
﻿ | Number of ordinary shares
﻿Ordinary shares issued | 187,847,345 |  | 203,411,207 |  | 212,318,291
﻿Treasury shares | (11,600,191) |  | (3,069,003) |  | —
﻿Ordinary shares outstanding | 176,247,154 |  | 200,342,204 |  | 212,318,291
﻿Unvested restricted stock | (3,426,810) |  | (3,030,724) |  | (232,140)
﻿Ordinary shares outstanding, excluding unvested restricted stock | 172,820,344 |  | 197,311,480 |  | 212,086,151
﻿

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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