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Earnings Per Share

6 Months Ended

Jun. 30, 2019

14. Earnings Per Share

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


	Three months ended June 30,
	2019		2018
Numerator:
Net earnings attributable to the Company	$	65	$	50
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		155,338		160,858
Effect of dilutive securities:
Stock options and other		1,133		1,854
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		156,471		162,712
Basic earnings per share:
Earnings from continuing operations	$	0.42	$	0.31
Loss from discontinued operations
Net earnings	$	0.42	$	0.31
Diluted earnings per share:
Earnings from continuing operations	$	0.42	$	0.31
Loss from discontinued operations
Net earnings	$	0.42	$	0.31

Options to purchase 1,603,692 and 1,989,521 weighted average shares of common stock, which were outstanding during the three months ended June 30, 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.


	Six months ended June 30,
	2019		2018
Numerator:
Net earnings attributable to the Company	$	144	$	147
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		154,852		161,904
Effect of dilutive securities:
Stock options and other		1,703		2,060
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		156,555		163,964
Basic earnings per share:
Earnings from continuing operations	$	0.94	$	0.91
Loss from discontinued operations		(0.01)		(0.01)
Net earnings	$	0.93	$	0.90
Diluted earnings per share:
Earnings from continuing operations	$	0.93	$	0.90
Loss from discontinued operations		(0.01)
Net earnings	$	0.92	$	0.90

Options to purchase 1,549,995 and 1,895,822 weighted average shares of common stock, which were outstanding during the six months ended June 30, 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.