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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The components of the numerator and the denominator in the calculation of basic and diluted earnings per share are as follows for the six months ended June 30, 2021 and June 30, 2020:
(in thousands of $)20212020
Net income attributable to the Company2,264 364,993 
(in thousands)20212020
Weighted average number of shares197,692 193,559 
Dilutive effect of share options106 142 
Dilutive effect of contingently returnable shares— 4,106 
Denominator for diluted earnings per share197,798 197,807 
2021 2020 
Cash dividends per share declared— $1.10 

The impact of stock options using the treasury stock method was dilutive in the six months ended June 30, 2021 as the exercise price was lower than the average share price during the period and, therefore, 105,541 options were included in the denominator in the calculation of diluted earnings per share.