Earnings Per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share

Earnings Per Share

14. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three months ended June 30, 2022 and 2021:

	Three months ended June 30,
	2022		2021
Numerator:
Net earnings attributable to the Company	$	252	$	118
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		155,683		157,902
Effect of dilutive securities:
Stock options and other		3,268		2,889
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		158,951		160,791
Basic earnings per share:
Net earnings attributable to the Company	$	1.62	$	0.75
Diluted earnings per share:
Net earnings attributable to the Company	$	1.59	$	0.73

The diluted earnings per share computation for the three months ended June 30, 2022 and 2021 excludes 804,953 and 772,521 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 shares of common stock.

The following table sets forth the computation of basic and diluted earnings per share for the six months ended June 30, 2022 and 2021:

	Six months ended June 30,
	2022		2021
Numerator:
Net earnings attributable to the Company	$	340	$	21
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		155,765		157,737
Effect of dilutive securities:
Stock options and other		3,109		2,722
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		158,874		160,459
Basic earnings per share:
Net earnings attributable to the Company	$	2.18	$	0.13
Diluted earnings per share:
Net earnings attributable to the Company	$	2.14	$	0.13

The diluted earnings per share computation for the six months ended June 30, 2022 and 2021 excludes 1,190,747 and 1,331,298 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 shares of common stock.