Net income per ordinary share

9 Months Ended

Sep. 30, 2016

6. Net income per ordinary share

Basic net income per ordinary share has been computed by dividing net income available to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period. Diluted net income per ordinary share is computed by adjusting the weighted average number of ordinary shares outstanding during the period for all potentially dilutive ordinary shares outstanding during the period and adjusting net income for any changes in income or loss that would result from the conversion of such potential ordinary shares. There is no difference in net income used for basic and diluted net income per ordinary share.

The reconciliation of the number of shares used in the computation of basic and diluted net income per ordinary share is as follows:

	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
	2016		2015		2016		2015
Weighted average number of ordinary shares outstanding for basic net income per ordinary share		55,734,773		58,659,782		55,355,020		59,728,608
Effect of dilutive share options outstanding		910,466		1,710,116		1,120,299		2,057,241
Weighted average number of ordinary shares outstanding for diluted net income per ordinary share		56,645,239		60,369,898		56,475,319		61,785,849