Earnings per Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

A reconciliation between basic and diluted earnings per share is as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
	(In thousands, except per share data)
Net income attributable to Ebix, Inc.	$	20,509	$	29,242	$	75,070	$	84,630
Basic weighted average shares outstanding	30,501		31,492		30,517		31,480
Dilutive effect of stock options and restricted stock awards	132		136		81		158
Diluted weighted average shares outstanding	30,633		31,628		30,598		31,638
Basic earnings per common share	$	0.67	$	0.93	$	2.46	$	2.69
Diluted earnings per common share	$	0.67	$	0.92	$	2.45	$	2.67