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Earnings per share
3 Months Ended
Mar. 31, 2016
Earnings per share

17. Earnings per share

The Company calculates earnings per share in accordance with FASB guidance on Earnings per Share. Basic and diluted earnings per common share give effect to the change in the number of Company common shares. The calculation of basic earnings per common share is determined by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the respective periods. The potentially dilutive shares, consisting of outstanding options on common shares, restricted share units, performance units and common shares to be issued under the employee stock purchase plan, have been included in the computation of diluted net earnings per share and the number of weighted average shares outstanding, except where the result would be anti-dilutive.

The number of stock options outstanding but not included in the computation of diluted earnings per common share because their inclusion would be anti-dilutive is 3,928,000 and 317,081 for the three months ended March 31, 2015 and 2016, respectively.

 

     Three months ended March 31,  
     2015      2016  

Net income available to Genpact Limited common shareholders

   $ 44,653       $ 58,565   

Weighted average number of common shares used in computing basic earnings per common share

     219,892,695         210,780,165   

Dilutive effect of stock-based awards

     2,454,406         3,112,799   
  

 

 

    

 

 

 

Weighted average number of common shares used in computing dilutive earnings per common share

     222,347,101         213,892,964   
  

 

 

    

 

 

 

Earnings per common share attributable to Genpact Limited common shareholders

     

Basic

   $ 0.20       $ 0.28   

Diluted

   $ 0.20       $ 0.27