EARNINGS PER COMMON SHARE

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2014 and 2013:

Basic Earnings Per Common Share Computation	Three Months Ended				Six Months Ended
(in thousands, except per share amounts)	2014		2013		2014		2013
Net income attributable to DENTSPLY International	$	89,993	$	87,228	$	162,871	$	158,913
Weighted average common shares outstanding	141,790		142,922		141,921		142,849
Earnings per common share - basic	$	0.63	$	0.61	$	1.15	$	1.11
Diluted Earnings Per Common Share Computation
(in thousands, except per share amounts)
Net income attributable to DENTSPLY International	$	89,993	$	87,228	$	162,871	$	158,913
Weighted average common shares outstanding	141,790		142,922		141,921		142,849
Incremental weighted average shares from assumed exercise of dilutive options from stock-based compensation awards	2,374		2,211		2,367		2,258
Total weighted average diluted shares outstanding	144,164		145,133		144,288		145,107
Earnings per common share - diluted	$	0.62	$	0.60	$	1.13	$	1.10

The calculation of weighted average diluted shares outstanding excludes options to purchase 1.0 million and 1.4 million shares of common stock that were outstanding during the three and six months ended June 30, 2014, respectively, because their effect would be antidilutive. There were 2.9 million and 3.5 million antidilutive shares of common stock outstanding during the three and six months ended June 30, 2013, respectively.