Three months ended
June 30,

Six months ended
June 30,

(in thousands, except market price and earnings per share)

2016

2015

2016

2015

Net income/(loss) attributable to the Company

$10,367

($2,172

)

$23,868

$10,041

Weighted average number of shares:

Weighted average number of shares used in

calculating basic net income per share

32,093

31,999

32,067

31,941

Effect of dilutive stock-based compensation plans:

Stock options

38

-

39

74

Weighted average number of shares used in

calculating diluted net income per share

32,131

31,999

32,106

32,015

Shares related to stock-based compensation plans that were not included in the computation of diluted earnings per share because to do so would be antidilutive

-

56

-

Average market price of common stock used

for calculation of dilutive shares

$39.47

$40.12

$37.40

$38.76

Earnings/(loss) per share attributable to Company shareholders:

Basic

$0.32

($0.07

)

$0.74

$0.31

Diluted

$0.32

($0.07

)

$0.74

$0.31