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Net Income Attributable to IPG Photonics Corporation Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Computation of Diluted Net Income Per Share

The following table sets forth the computation of diluted net income attributable to IPG Photonics Corporation per common share following the treasury stock method:

			Three Months Ended March 31,
			2021						2020
Net income attributable to IPG Photonics Corporation common stockholders			$	68,127					$	36,403
Basic weighted average common shares			53,541						53,075
Dilutive effect of common stock equivalents			660						601
Diluted weighted average common shares			54,201						53,676
Basic net income attributable to IPG Photonics Corporation per common share			$	1.27					$	0.69
Diluted net income attributable to IPG Photonics Corporation per common share			$	1.26					$	0.68

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The weighted average anti-dilutive shares outstanding for the three months ended March 31, 2021 and 2020 were as follows:

			Three Months Ended March 31,
			2021						2020
Non-qualified stock options			202,500						622,700
Restricted stock units			61,100						198,000
Performance stock units			13,800						50,300
Total weighed average anti-dilutive shares outstanding			277,400						871,000

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-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

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