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Earnings Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share  
Earnings Per Share

12. Earnings Per Share

 

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

Three months ended March 31,

 

 

 

2015

 

2014

 

Numerator:

 

 

 

 

 

Net earnings attributable to the Company

 

$
71

 

$
101

 

 

 

 

 

 

 

Denominator (in thousands):

 

 

 

 

 

Denominator for basic earnings per share - weighted average shares outstanding

 
162,146

 
164,760

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and other

 
1,141

 
1,405

 

Denominator for diluted earnings per share - adjusted weighted average shares outstanding

 
163,287

 
166,165

 

 

 

 

 

 

 

Basic earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$
0.44

 

$
0.62

 

Loss from discontinued operations

 

 

 
(0.01

)

Net earnings

 

$
0.44

 

$
0.61

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

Earnings from continuing operations

 

$
0.44

 

$
0.62

 

Loss from discontinued operations

 

 

 
(0.01

)

Net earnings

 

$
0.44

 

$
0.61

 

 

Options to purchase 1,798,933 and 370,012 weighted average shares of common stock which were outstanding during the three months ended March 31, 2015 and 2014, respectively, were not included in the computation of diluted earnings per share because the options’ exercise price was greater than the average market price of the common shares.