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Earnings Per Share
3 Months Ended
Mar. 31, 2018
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 March 31,

 

    

2018

    

2017

Numerator:

 

 

    

 

 

    

Net earnings attributable to the Company

 

$

98

 

$

49

Denominator (in thousands):

 

 

 

 

 

 

Denominator for basic earnings per share-weighted average shares outstanding

 

 

162,919

 

 

162,388

Effect of dilutive securities:

 

 

 

 

 

 

Stock options and other

 

 

2,267

 

 

1,452

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

 

 

165,186

 

 

163,840

Basic earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.60

 

$

0.30

Loss from discontinued operations

 

 

 —

 

 

 —

Net earnings

 

$

0.60

 

$

0.30

Diluted earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.59

 

$

0.30

Loss from discontinued operations

 

 

 —

 

 

 —

Net earnings

 

$

0.59

 

$

0.30

Options to purchase 1,802,122 and 2,207,915 weighted average shares of common stock which were outstanding during the three months ended March 31, 2018 and 2017, 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.