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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2016      2015      2016      2015  

Numerator

           

Numerator for basic and diluted earnings per share - Net income attributable to common stockholders

   $ 70,749       $ 59,582       $ 129,754       $ 100,343   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator

           

Denominator for basic earnings per share - weighted average shares outstanding

     55,020         57,244         55,280         57,658   

Effect of dilutive securities - stock options and other stock units

     582         534         572         633   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted earnings per share - adjusted weighted average shares outstanding

     55,602         57,778         55,852         58,291   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share:

           

Net income attributable to Cooper Tire & Rubber Company common stockholders

   $ 1.29       $ 1.04       $ 2.35       $ 1.74   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per share:

           

Net income attributable to Cooper Tire & Rubber Company common stockholders

   $ 1.27       $ 1.03       $ 2.32       $ 1.72