Earnings Per Share

9 Months Ended

Sep. 30, 2021

Earnings Per Share

Earnings Per Share

14. Earnings Per Share

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

	Three months ended September 30,
	2021		2020
Numerator:
Net earnings attributable to the Company	$	85	$	328
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		156,825		157,073
Effect of dilutive securities:
Stock options and other		3,686		2,226
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		160,511		159,299
Basic earnings per share:
Earnings from continuing operations attributable to the Company	$	0.49	$	2.09
Gain from discontinued operations		0.05
Net earnings	$	0.54	$	2.09
Diluted earnings per share:
Earnings from continuing operations attributable to the Company	$	0.48	$	2.06
Gain from discontinued operations		0.05
Net earnings	$	0.53	$	2.06

The diluted earnings per share computation for the three months ended September 30, 2021 and 2020 excludes 958,014 and 1,564,207 weighted average shares of common stock, respectively, due to their antidilutive effect, which includes options to purchase, unvested restricted stock units and performance vested restricted share units. Options to purchase shares were excluded because the exercise prices of the options were greater than the average market price of the common shares.

	Nine months ended September 30,
	2021		2020
Numerator:
Net earnings attributable to the Company	$	106	$	278
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		157,430		156,650
Effect of dilutive securities:
Stock options and other		3,043		1,788
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		160,473		158,438
Basic earnings per share:
Earnings from continuing operations attributable to the Company	$	0.62	$	1.77
Gain from discontinued operations		0.05
Net earnings	$	0.67	$	1.77
Diluted earnings per share:
Earnings from continuing operations attributable to the Company	$	0.61	$	1.76
Gain from discontinued operations		0.05
Net earnings	$	0.66	$	1.76

The diluted earnings per share computation for the nine months ended September 30, 2021 and 2020 excludes 1,206,870 and 2,616,538 weighted average shares of common stock, respectively, due to their antidilutive effect, which includes options to purchase, unvested restricted stock units and performance vested restricted share units. Options to purchase shares were excluded because the exercise prices of the options were greater than the average market price of the common shares.