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Earnings per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings per Share

11. EARNINGS PER SHARE

We compute basic earnings per common share by dividing net income attributable to Core Laboratories N.V. by the weighted average number of common shares outstanding during the period. Diluted earnings per share includes the incremental effect of contingently issuable shares from performance and restricted stock awards, as determined using the treasury stock method. The following table summarizes the calculation of weighted average common shares outstanding used in the computation of basic and diluted earnings per share (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Weighted average common shares outstanding - basic

 

 

46,319

 

 

 

46,319

 

 

 

46,309

 

 

 

45,751

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Performance shares

 

 

700

 

 

 

578

 

 

 

701

 

 

 

566

 

Restricted shares

 

 

124

 

 

 

206

 

 

 

123

 

 

 

197

 

Weighted average common shares outstanding - diluted

 

 

47,143

 

 

 

47,103

 

 

 

47,133

 

 

 

46,514