Earnings Per Share

3 Months Ended

Mar. 31, 2023

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 March 31, 2023 and 2022:

	Three months ended March 31,
	2023		2022
Numerator:
Net earnings attributable to the Company	$	206	$	88
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding		154,696		155,849
Effect of dilutive securities:
Stock options and other		4,398		2,949
Denominator for diluted earnings per share-adjusted weighted average shares outstanding		159,094		158,798
Basic earnings per share:
Net earnings attributable to the Company	$	1.33	$	0.56
Diluted earnings per share:
Net earnings attributable to the Company	$	1.29	$	0.55

The diluted earnings per share computation for the three months ended March 31, 2023 and 2022 excludes 222,946 and 1,576,542 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.