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Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Basic earnings per share is computed by dividing net income attributable to the company by the weighted average number of shares of all classes of CME Group common stock outstanding for each reporting period. Diluted earnings per share reflects the increase in shares using the treasury stock method to reflect the impact of an equivalent number of shares of common stock if stock options were exercised and restricted stock awards were converted into common stock. Anti-dilutive stock options, restricted stock and performance share awards were as follows for the periods presented:
 
Quarter Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands)
2015
 
2014
 
2015
 
2014
Stock options
432

 
1,461

 
432

 
1,463

Restricted stock and performance shares

 
700

 
538

 
700

Total
432

 
2,161

 
970

 
2,163


The following table presents the earnings per share calculation for the periods presented:
 
 
Quarter Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2015
 
2014
 
2015
 
2014
Net Income Attributable to CME Group (in millions)
 
$
359.9

 
$
290.0

 
$
955.3

 
$
820.6

Weighted Average Number of Common Shares (in thousands):
 
 
 
 
 
 
 
 
Basic
 
336,323

 
334,424

 
336,015

 
334,144

Effect of stock options, restricted stock and performance shares
 
1,816

 
1,748

 
1,789

 
1,676

Diluted
 
338,139


336,172

 
337,804

 
335,820

Earnings per Common Share Attributable to CME Group:
 
 
 
 
 
 
 
 
Basic
 
$
1.07

 
$
0.87

 
$
2.84

 
$
2.46

Diluted
 
1.06

 
0.86

 
2.83

 
2.44