Earnings Per Share

3 Months Ended

Mar. 31, 2017

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,
	2017		2016
Numerator:
Net earnings attributable to the Company	$	49	$	67
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		162,388		161,204
Effect of dilutive securities:
Stock options and other		1,452		589
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		163,840		161,793
Basic earnings per share:
Earnings from continuing operations	$	0.30	$	0.42
Loss from discontinued operations		—		(0.01)
Net earnings	$	0.30	$	0.41
Diluted earnings per share:
Earnings from continuing operations	$	0.30	$	0.42
Loss from discontinued operations		—		(0.01)
Net earnings	$	0.30	$	0.41

Options to purchase 2,207,915 and 2,970,687 weighted average shares of common stock which were outstanding during the three months ended March 31, 2017 and 2016, 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.