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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Calculations of Basic and Diluted 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