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Earnings Per Share
6 Months Ended
Jun. 30, 2018
Earnings Per Share  
Earnings Per Share

13.  Earnings Per Share

The following tables set forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

Three months ended June 30,

 

    

2018

    

2017

Numerator:

 

 

    

 

 

    

Net earnings attributable to the Company

 

$

50

 

$

140

Denominator (in thousands):

 

 

 

 

 

 

Denominator for basic earnings per share-weighted average shares outstanding

 

 

160,858

 

 

162,716

Effect of dilutive securities:

 

 

 

 

 

 

Stock options and other

 

 

1,854

 

 

1,766

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

 

 

162,712

 

 

164,482

Basic earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.31

 

$

0.86

Loss from discontinued operations

 

 

 

 

 

 

Net earnings

 

$

0.31

 

$

0.86

Diluted earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.31

 

$

0.85

Loss from discontinued operations

 

 

 

 

 

 

Net earnings

 

$

0.31

 

$

0.85

Options to purchase 1,989,521 and 1,617,748 weighted average shares of common stock which were outstanding during the three months ended June 30, 2018 and 2017, 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.

 

 

 

 

 

 

 

 

 

Six months ended June 30,

 

    

2018

    

2017

Numerator:

 

 

 

 

 

    

Net earnings attributable to the Company

 

$

147

 

$

188

Denominator (in thousands):

 

 

 

 

 

 

Denominator for basic earnings per share-weighted average shares outstanding

 

 

161,904

 

 

162,553

Effect of dilutive securities:

 

 

 

 

 

 

Stock options and other

 

 

2,060

 

 

1,609

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

 

 

163,964

 

 

164,162

Basic earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.91

 

$

1.16

Loss from discontinued operations

 

 

(0.01)

 

 

 

Net earnings

 

$

0.90

 

$

1.16

Diluted earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.90

 

$

1.15

Loss from discontinued operations

 

 

 

 

 

 

Net earnings

 

$

0.90

 

$

1.15

Options to purchase 1,895,822 and 1,912,832 weighted average shares of common stock which were outstanding during the six months ended June 30, 2018 and 2017, 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.