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Earnings Per Share
3 Months Ended
Mar. 31, 2019
Earnings Per Share  
Earnings Per Share

 

14.  Earnings Per Share

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

 

 

 

 

 

 

 

 

 

Three months ended March 31,

 

    

2019

    

2018

Numerator:

 

 

    

 

 

    

Net earnings attributable to the Company

 

$

79

 

$

98

Denominator (in thousands):

 

 

 

 

 

 

Denominator for basic earnings per share-weighted average shares outstanding

 

 

154,361

 

 

162,919

Effect of dilutive securities:

 

 

 

 

 

 

Stock options and other

 

 

2,274

 

 

2,267

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

 

 

156,635

 

 

165,186

Basic earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.51

 

$

0.60

Loss from discontinued operations

 

 

 

 

 

 —

Net earnings

 

$

0.51

 

$

0.60

Diluted earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.51

 

$

0.59

Loss from discontinued operations

 

 

 

 

 

 —

Net earnings

 

$

0.51

 

$

0.59

Options to purchase 1,496,298 and 1,802,122 weighted average shares of common stock, which were outstanding during the three months ended March 31, 2019 and 2018, 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.