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Earnings Per Share
 3 Months Ended
Mar. 31, 2016
Earnings Per Share  
Earnings Per Share

13.  Earnings Per Share

 

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

 

 

 

 

 

 

 

 

 

 

 

Three months ended  March 31,

 

 

    

2016

    

2015

 

Numerator:

 

 

    

 

 

    

 

Net earnings attributable to the Company

 

$
67

 

$
71

 

Denominator (in thousands):

 

 

 

 

 

 

 

Denominator for basic earnings per share-weighted average shares outstanding

 

 
161,204

 

 
162,146

 

Effect of dilutive securities:

 

 

 

 

 

 

 

Stock options and other

 

 
589

 

 
1,141

 

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

 

 
161,793

 

 
163,287

 

Basic earnings per share:

 

 

 

 

 

 

 

Earnings from continuing operations

 

$
0.42

 

$
0.44

 

Loss from discontinued operations

 

 
(0.01)

 

 

 

 

Net earnings

 

$
0.41

 

$
0.44

 

Diluted earnings per share:

 

 

 

 

 

 

 

Earnings from continuing operations

 

$
0.42

 

$
0.44

 

Loss from discontinued operations

 

 
(0.01)

 

 

 

 

Net earnings

 

$
0.41

 

$
0.44

 

 

Options to purchase 2,970,687 and 1,798,933 weighted average shares of common stock which were outstanding during the three months ended March 31, 2016 and 2015, respectively, were not included in the computation of diluted earnings per share because the options exercise price was greater than the average market price of the common shares.