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(Loss) Earnings Per Share
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
(Loss) Earnings Per Share

13. (Loss) Earnings Per Share

Details of the calculation of basic and diluted (loss) earnings per share are shown below:

 

     Three months ended
June 30,		     Six months ended
June 30,		  
     2013     As adjusted
2012		     2013     As adjusted
2012		  
     (In thousands, except per share amounts)  

Basic (loss) earnings per share computation:

         

Net (loss) income attributable to Ferro Corporation common shareholders

    $ (2,130 )    $ 1,876      $ (1,247 )    $ 5,722   

Adjustment for (income) loss from discontinued operations

      —          (328 )      8,421        (1,035 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Total

    $ (2,130 )    $ 1,548      $ 7,174      $ 4,687   
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average common shares outstanding

      86,529        86,294        86,484        86,263   

Basic (loss) earnings per share from continuing operations attributable to Ferro Corporation common shareholders

    $ (0.02 )    $ 0.02      $ 0.08      $ 0.05   

Diluted (loss) earnings per share computation:

         

Net (loss) income attributable to Ferro Corporation common shareholders

    $ (2,130 )    $ 1,876      $ (1,247 )    $ 5,722   

Adjustment for (income) loss from discontinued operations

      —          (328 )      8,421        (1,035 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Total

    $ (2,130 )    $ 1,548      $ 7,174      $ 4,687   
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average common shares outstanding

      86,529        86,294        86,484        86,263   

Assumed exercise of stock options

      —          175        108        184   

Assumed satisfaction of deferred stock unit conditions

      —          5        136        12   

Assumed satisfaction of restricted stock unit conditions

      —          —          112        —     

Assumed satisfaction of performance stock unit conditions

      —          —          311        —     

Assumed satisfaction of restricted share conditions

      —          194        86        212   
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted-average diluted shares outstanding

      86,529        86,668        87,237        86,671   
  

 

 

    

 

 

    

 

 

    

 

 

  

Diluted (loss) earnings per share from continuing operations attributable to Ferro Corporation common shareholders

    $ (0.02 )    $ 0.02      $ 0.08      $ 0.05   

The number of anti-dilutive or unearned shares, including shares related to contingently convertible debt, was 6.1 million and 4.3 million for the three and six months ended June 30, 2013, respectively, and 6.9 million and 7.0 million for the three and six months ended June 30, 2012, respectively.