XML 48 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
8. Earnings Per Share
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
8.EARNINGS PER SHARE

Basic earnings per share is computed by dividing net income attributable to Bio-Rad by the weighted average number of common shares outstanding for that period.  Diluted earnings per share takes into account the effect of dilutive instruments, such as stock options and restricted stock, and uses the average share price for the period in determining the number of potential common shares that are to be added to the weighted average number of shares outstanding.  Potential common shares are excluded from the diluted earnings per share calculation if the effect of including such securities would be anti-dilutive.


The weighted average number of common shares outstanding used to calculate basic and diluted earnings per share, and the anti-dilutive shares that are excluded from the diluted earnings per share calculation are as follows (in thousands):
 
Three Months Ended
 
 
March 31,
 
 
2012
 
2011
 
Basic weighted average shares outstanding
28,201

 
27,904

 
Effect of potentially dilutive stock options and restricted stock awards
352

 
485

 
Diluted weighted average common shares
28,553

 
28,389

 
Anti-dilutive shares
112

 
54