Earnings Per Share

6 Months Ended

Jun. 30, 2017

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,
	2017		2016
Numerator:
Net earnings attributable to the Company	$	140	$	105
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		162,716		161,945
Effect of dilutive securities:
Stock options and other		1,766		875
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		164,482		162,820
Basic earnings per share:
Earnings from continuing operations	$	0.86	$	0.66
Loss from discontinued operations				(0.01)
Net earnings	$	0.86	$	0.65
Diluted earnings per share:
Earnings from continuing operations	$	0.85	$	0.65
Loss from discontinued operations				(0.01)
Net earnings	$	0.85	$	0.64

Options to purchase 1,617,748 and 2,939,441 weighted average shares of common stock which were outstanding during the three months ended June 30, 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.

	Six months ended June 30,
	2017		2016
Numerator:
Net earnings attributable to the Company	$	188	$	172
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		162,553		161,574
Effect of dilutive securities:
Stock options and other		1,609		733
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		164,162		162,307
Basic earnings per share:
Earnings from continuing operations	$	1.16	$	1.08
Loss from discontinued operations				(0.02)
Net earnings	$	1.16	$	1.06
Diluted earnings per share:
Earnings from continuing operations	$	1.15	$	1.07
Loss from discontinued operations				(0.02)
Net earnings	$	1.15	$	1.05

Options to purchase 1,912,832 and 2,955,064 weighted average shares of common stock which were outstanding during the six months ended June 30, 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.