Earnings Per Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share

Earnings Per Share

15. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share:

	Three months ended June 30,
	2020		2019
Numerator:
Net earnings (loss) attributable to the Company	$	(101)	$	65
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		156,790		155,338
Effect of dilutive securities:
Stock options and other				1,133
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		156,790		156,471
Basic earnings (loss) per share:
Net earnings (loss) from continuing operations attributable to the Company	$	(0.64)	$	0.42
Loss from discontinued operations
Net earnings (loss)	$	(0.64)	$	0.42
Diluted earnings (loss) per share:
Net earnings (loss) from continuing operations attributable to the Company	$	(0.64)	$	0.42
Loss from discontinued operations
Net earnings (loss)	$	(0.64)	$	0.42

Options to purchase 3,751,691 and 1,603,692 weighted average shares of common stock, which were outstanding during the three months ended June 30, 2020 and 2019, respectively, were not included in the computation of diluted earnings per share because the exercise prices of the options were greater than the average market price of the common shares. For the three months ended June 30, 2020, diluted earnings per share of common stock was equal to basic earnings per share of common stock due to the loss from continuing operations.
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	Six months ended June 30,
	2020		2019
Numerator:
Net earnings (loss) attributable to the Company	$	(51)	$	144
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		156,435		154,852
Effect of dilutive securities:
Stock options and other				1,703
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		156,435		156,555
Basic earnings (loss) per share:
Net earnings (loss) from continuing operations attributable to the Company	$	(0.32)	$	0.94
Loss from discontinued operations				(0.01)
Net earnings (loss)	$	(0.32)	$	0.93
Diluted earnings (loss) per share:
Net earnings (loss) from continuing operations attributable to the Company	$	(0.32)	$	0.93
Loss from discontinued operations				(0.01)
Net earnings (loss)	$	(0.32)	$	0.92

Options to purchase 3,142,704 and 1,549,995 weighted average shares of common stock, which were outstanding during the six months ended June 30, 2020 and 2019, respectively, were not included in the computation of diluted earnings per share because the exercise prices of the options were greater than the average market price of the common shares. For the six months ended June 30, 2020, diluted earnings per share of common stock was equal to basic earnings per share of common stock due to the loss from continuing operations.