Earnings per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

A reconciliation between basic and diluted earnings per share ("EPS") is as follows:

	Three Months Ended
	March 31,
	2022		2021
	(In thousands, except per share data)
Net income attributable to Ebix, Inc.	$	19,191	$	21,591
Basic weighted average shares outstanding	30,712		30,558
Dilutive effect of stock options and restricted stock awards	50		173
Diluted weighted average shares outstanding	30,762		30,731
Basic earnings per common share	$	0.62	$	0.71
Diluted earnings per common share	$	0.62	$	0.70

The number of potential issuable shares with respect to stock options, which could dilute EPS in the future but which were excluded from the diluted EPS calculation because presently their effect is anti-dilutive for the three month period ended March 31, 2022 were 177,000, and for the three month period ended March 31, 2021 were 181,875.