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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share  
Computation of basic and diluted earnings per share

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

 

 

 

 

 

 

 

 

 

Three months ended September 30,

 

    

2018

    

2017

Numerator:

 

 

    

 

 

    

Net earnings attributable to the Company

 

$

120

 

$

126

Denominator (in thousands):

 

 

 

 

 

 

Denominator for basic earnings per share-weighted average shares outstanding

 

 

159,032

 

 

162,866

Effect of dilutive securities:

 

 

 

 

 

 

Stock options and other

 

 

2,003

 

 

2,127

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

 

 

161,035

 

 

164,993

Basic earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.75

 

$

0.78

Loss from discontinued operations

 

 

 —

 

 

(0.01)

Net earnings

 

$

0.75

 

$

0.77

Diluted earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.75

 

$

0.77

Loss from discontinued operations

 

 

 —

 

 

(0.01)

Net earnings

 

$

0.75

 

$

0.76

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30,

 

    

2018

    

2017

Numerator:

 

 

 

 

 

    

Net earnings attributable to the Company

 

$

267

 

$

314

Denominator (in thousands):

 

 

 

 

 

 

Denominator for basic earnings per share-weighted average shares outstanding

 

 

160,936

 

 

162,658

Effect of dilutive securities:

 

 

 

 

 

 

Stock options and other

 

 

2,041

 

 

1,782

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

 

 

162,977

 

 

164,440

Basic earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

1.67

 

$

1.94

Loss from discontinued operations

 

 

(0.01)

 

 

(0.01)

Net earnings

 

$

1.66

 

$

1.93

Diluted earnings per share:

 

 

 

 

 

 

Earnings from continuing operations

 

$

1.65

 

$

1.92

Loss from discontinued operations

 

 

(0.01)

 

 

(0.01)

Net earnings

 

$

1.64

 

$

1.91