Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Note 5 – Earnings Per Share

Basic earnings per share (“EPS”) is computed by dividing the net income attributable to Reading International, Inc. common stockholders by the weighted average number of common shares outstanding during the period.  Diluted EPS is computed by dividing the net income attributable to Reading International, Inc. common stockholders by the weighted average number of common and common equivalent shares outstanding during the periodand are calculatedusing the treasury stock method for equity-based compensation awards.  The following is a calculation of earnings per share (dollars in thousands, except share data):

		Quarter Ended								Six Months Ended
		June 30, 2015				June 30, 2014				June 30, 2015				June 30, 2014
Net income attributable to Reading International, Inc. common stockholders	$		15,997	$			4,759	$			19,115	$			4,542
Basic EPS attributable to Reading International, Inc. common stockholders	$		0.69	$			0.20	$			0.82	$			0.19
Diluted EPS attributable to Reading International, Inc. common stockholders	$		0.68	$			0.20	$			0.81	$			0.19
Weighted average shares of common stock – basic		23,272,918			23,471,776				23,275,860				23,480,429
Weighted average shares of common stock – diluted		23,492,192			23,775,923				23,495,134				23,784,576

For the current quarter and current six-month period, the weighted average shares of common stock – diluted included 219,274 of common stock compensation and incremental shares of exercisable in-the-money stock options. For the prior-year quarter and six-month period, the weighted average shares of common stock – diluted included 307,097of common stock compensation and incremental shares of exercisable in-the-money stock options.  In addition, 100,000and 328,750out-of-the-money stock options were excluded from the computation of diluted EPS for the current and prior-year six-month periods, respectively.