Earnings Per Share

6 Months Ended

Jun. 30, 2016

Earnings Per Share

Earnings Per Share

13.  Earnings Per Share

The following tables set forth the computation of basic and diluted earnings per share:

	Three months ended June 30,
	2016		2015
Numerator:
Net earnings attributable to the Company	$	105	$	40
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		161,945		160,992
Effect of dilutive securities:
Stock options and other		875		915
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		162,820		161,907
Basic earnings per share:
Earnings from continuing operations	$	0.66	$	0.26
Loss from discontinued operations		(0.01)		(0.01)
Net earnings	$	0.65	$	0.25
Diluted earnings per share:
Earnings from continuing operations	$	0.65	$	0.26
Loss from discontinued operations		(0.01)		(0.01)
Net earnings	$	0.64	$	0.25

Options to purchase 2,939,441 and 1,750,300 weighted average shares of common stock which were outstanding during the three months ended June 30, 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.

	Six months ended June 30,
	2016		2015
Numerator:
Net earnings attributable to the Company	$	172	$	111
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		161,574		161,566
Effect of dilutive securities:
Stock options and other		733		1,028
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		162,307		162,594
Basic earnings per share:
Earnings from continuing operations	$	1.08	$	0.70
Loss from discontinued operations		(0.02)		(0.01)
Net earnings	$	1.06	$	0.69
Diluted earnings per share:
Earnings from continuing operations	$	1.07	$	0.69
Loss from discontinued operations		(0.02)		(0.01)
Net earnings	$	1.05	$	0.68

Options to purchase 2,955,064 and 1,774,616weighted average shares of common stock which were outstanding during the six months ended June 30, 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.