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Earnings per share
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings per share
Earnings per share

The calculation of basic and diluted earnings per share including a reconciliation of the numerator and denominator is as follows:
Year ended December 31,
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
Numerator ($'000)
 
 
 
 
 
 
Net earnings/(losses) from continuing operations
 
(26,178
)
 
(11,426
)
 
(19,891
)
Net earnings/(losses) from discontinued operations
 
(5,318
)
 
4,538

 
(67,705
)
Net losses/(earnings) attributable to non-controlling interests
 
(63
)
 
(173
)
 
(184
)
 
 
 
 
 
 
 
Net earnings/(losses) attributable to Orient-Express Hotels Ltd.
 
(31,559
)
 
(7,061
)
 
(87,780
)
 
 
 
 
 
 
 
Denominator (shares '000)
 
 
 
 
 
 
Basic weighted average shares outstanding
 
103,226

 
102,849

 
102,531

Effect of dilution
 
—

 
—

 
—

 
 
 
 
 
 
 
Diluted weighted average shares outstanding
 
103,226

 
102,849

 
102,531

 
 
 
 
 
 
 
 
 
$
 
$
 
$
Basic earnings per share
 
 
 
 
 
 
Net earnings/(losses) from continuing operations
 
(0.254
)
 
(0.111
)
 
(0.194
)
Net earnings/(losses) from discontinued operations
 
(0.052
)
 
0.044

 
(0.660
)
Net losses/(earnings) attributable to non-controlling interests
 
(0.001
)
 
(0.002
)
 
(0.002
)
 
 
 
 
 
 
 
Net earnings/(losses) attributable to Orient-Express Hotels Ltd.
 
(0.307
)
 
(0.069
)
 
(0.856
)
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
 
Net earnings/(losses) from continuing operations
 
(0.254
)
 
(0.111
)
 
(0.194
)
Net earnings/(losses) from discontinued operations
 
(0.052
)
 
0.044

 
(0.660
)
Net losses/(earnings) attributable to non-controlling interests
 
(0.001
)
 
(0.002
)
 
(0.002
)
 
 
 
 
 
 
 
Net earnings/(losses) attributable to Orient-Express Hotels Ltd.
 
(0.307
)
 
(0.069
)
 
(0.856
)


For each year ended December 31, 2013, 2012 and 2011, all share options and share-based awards were excluded from the calculation of the diluted weighted average number of shares because OEH incurred a net loss in those annual periods and the effect of their inclusion would be anti-dilutive.

The total number of share options and share-based awards excluded from computing diluted earnings per share were as follows: 
Year ended December 31,
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
Share options
 
3,058,300

 
3,430,800

 
3,074,450

Share-based awards
 
1,481,827

 
1,343,648

 
657,249

 
 
 
 
 
 
 
Total
 
4,540,127

 
4,774,448

 
3,731,699


 
The number of share options and share-based awards unexercised at December 31, 2013 was 4,540,127 (2012 - 4,774,448; 2011 - 3,731,699).