Earnings Per Share

9 Months Ended

Sep. 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 September 30,
	2020		2019
Numerator:
Net earnings (loss) attributable to the Company	$	328	$	(575)
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		157,073		155,536
Effect of dilutive securities:
Stock options and other		2,226
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		159,299		155,536
Basic earnings (loss) per share:
Net earnings (loss) from continuing operations attributable to the Company	$	2.09	$	(3.69)
Loss from discontinued operations
Net earnings (loss)	$	2.09	$	(3.69)
Diluted earnings (loss) per share:
Net earnings (loss) from continuing operations attributable to the Company	$	2.06	$	(3.69)
Loss from discontinued operations
Net earnings (loss)	$	2.06	$	(3.69)

Options to purchase 1,564,207 and 2,446,932 weighted average shares of common stock, which were outstanding during the three months ended September 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 September 30, 2019, 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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	Nine months ended September 30,
	2020		2019
Numerator:
Net earnings (loss) attributable to the Company	$	278	$	(430)
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		156,650		155,083
Effect of dilutive securities:
Stock options and other		1,788
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		158,438		155,083
Basic earnings (loss) per share:
Net earnings (loss) from continuing operations attributable to the Company	$	1.77	$	(2.77)
Loss from discontinued operations				(0.01)
Net earnings (loss)	$	1.77	$	(2.78)
Diluted earnings (loss) per share:
Net earnings (loss) from continuing operations attributable to the Company	$	1.76	$	(2.77)
Loss from discontinued operations				(0.01)
Net earnings (loss)	$	1.76	$	(2.78)

Options to purchase 2,616,538 and 1,848,974 weighted average shares of common stock, which were outstanding during the nine months ended September 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 nine months ended September 30, 2019, diluted earnings per share of common stock was equal to basic earnings per share of common stock due to the loss from continuing operations.