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Earnings (Loss) Per Share
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

13. Earnings (Loss) Per Share

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

 

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

Basic earnings (loss) per share computation:

           

Net income (loss) attributable to Ferro Corporation common shareholders

    $ 12,652       $ (316,114 )    $ 11,405       $ (310,392 ) 

Adjustment for loss (income) from discontinued operations

      —           118        8,421         (917 ) 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 12,652       $ (315,996 )    $ 19,826       $ (311,309 ) 
  

 

 

     

 

 

    

 

 

     

 

 

  

Weighted-average common shares outstanding

      86,426         86,296        86,464         86,274   

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

    $ 0.15       $ (3.66 )    $ 0.23       $ (3.61 ) 

Diluted earnings (loss) per share computation:

           

Net income (loss) attributable to Ferro Corporation common shareholders

    $ 12,652       $ (316,114 )    $ 11,405       $ (310,392 ) 

Adjustment for loss (income) from discontinued operations

      —           118        8,421         (917 ) 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 12,652       $ (315,996 )    $ 19,826       $ (311,309 ) 
  

 

 

     

 

 

    

 

 

     

 

 

  

Weighted-average common shares outstanding

      86,426         86,296        86,464         86,274   

Assumed exercise of stock options

      200         —          112         —     

Assumed satisfaction of deferred stock unit conditions

      77         —          63         —     

Assumed satisfaction of restricted stock unit conditions

      120         —          84         —     

Assumed satisfaction of performance stock unit conditions

      375         —          247         —     

Assumed satisfaction of restricted share conditions

      52         —          63         —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Weighted-average diluted shares outstanding

      87,250         86,296        87,033         86,274   
  

 

 

     

 

 

    

 

 

     

 

 

  

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

    $ 0.15       $ (3.66 )    $ 0.23       $ (3.61 ) 

The number of anti-dilutive or unearned shares, including shares related to contingently convertible debt, was 2.0 million and 2.4 million for the three and nine months ended September 30, 2013, respectively, and 7.5 million for the three and nine months ended September 30, 2012.