Net income per ordinary share

3 Months Ended

Mar. 31, 2016

5. Net income per ordinary share

Basic net income per ordinary share has been computed by dividing net income available to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period. Diluted net income per ordinary share is computed by adjusting the weighted average number of ordinary shares outstanding during the period for all potentially dilutive ordinary shares outstanding during the period and adjusting net income for any changes in income or loss that would result from the conversion of such potential ordinary shares. There is no difference in net income used for basic and diluted net income per ordinary share.

The reconciliation of the number of shares used in the computation of basic and diluted net income per ordinary share is as follows:

	Three Months Ended
	March 31,		March 31,
	2016		2015

Weighted average number of ordinary shares outstanding for basic net income per ordinary share		55,011,019		60,281,059
Effect of dilutive share options outstanding		1,231,145		1,575,288
Weighted average number of ordinary shares for diluted net income per ordinary share		56,242,164		61,856,347