EARNINGS PER COMMON SHARE

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

The dilutive effect of outstanding non-qualified stock options and RSU is reflected in diluted earnings per share by application of the treasury stock method. The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2014 and 2013:

Basic Earnings Per Common Share Computation	Three Months Ended
(in thousands, except per share amounts)	2014		2013
Net income attributable to DENTSPLY International	$	72,878	$	71,685
Weighted average common shares outstanding	142,053		142,775
Earnings per common share - basic	$	0.51	$	0.50
Diluted Earnings Per Common Share Computation
(in thousands, except per share amounts)
Net income attributable to DENTSPLY International	$	72,878	$	71,685
Weighted average common shares outstanding	142,053		142,775
Incremental weighted average shares from assumed exercise of dilutive options from stock-based compensation awards	2,400		2,324
Total weighted average diluted shares outstanding	144,453		145,099
Earnings per common share - diluted	$	0.50	$	0.49

Options to purchase 1.5 million and 3.5 million shares of common stock that were outstanding during the three months ended March 31, 2014 and 2013, respectively, were not included in the computation of diluted earnings per common share since the options’ exercise price were greater than the average market price of the common shares and, therefore, the effect would be antidilutive.