Earnings per share

12 Months Ended

Dec. 31, 2016

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,	2016		2015		2014
Numerator ($'000)
Net earnings/(losses) from continuing operations	35,401		17,388		2,047
Net earnings/(losses) from discontinued operations	1,032		(1,534	)	(3,782	)
Net losses/(earnings) attributable to non-controlling interests	(109	)	411		(145	)
Net earnings/(losses) attributable to Belmond Ltd.	36,324		16,265		(1,880	)
Denominator (shares '000)
Basic weighted average shares outstanding	101,586		103,163		103,837
Effect of dilution	1,369		1,193		2,291
Diluted weighted average shares outstanding	102,955		104,356		106,128
	$		$		$
Basic earnings per share
Net earnings/(losses) from continuing operations	0.348		0.169		0.020
Net earnings/(losses) from discontinued operations	0.010		(0.015	)	(0.036	)
Net losses/(earnings) attributable to non-controlling interests	(0.001	)	0.004		(0.001	)
Net earnings/(losses) attributable to Belmond Ltd.	0.357		0.158		(0.017	)
Diluted earnings per share
Net earnings/(losses) from continuing operations	0.344		0.167		0.019
Net earnings/(losses) from discontinued operations	0.010		(0.015	)	(0.036	)
Net losses/(earnings) attributable to non-controlling interests	(0.001	)	0.004		(0.001	)
Net earnings/(losses) attributable to Belmond Ltd.	0.353		0.156		(0.018	)

The total number of share options and share-based awards excluded from computing diluted earnings per share were as follows: 

Year ended December 31,	2016	2015	2014
Share options	1,679,817	1,441,972	810,500
Total	1,679,817	1,441,972	810,500

The number of share options and share-based awards unexercised at December 31, 2016 was 3,904,614 (2015 - 3,950,794; 2014 - 5,157,292).