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Earnings Per Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share 
Earnings Per Share

Note 8—Earnings Per Share

 

Basic earnings per share (“EPS”) is computed by dividing net income attributable to Amphenol Corporation by the weighted-average number of common shares outstanding. Diluted EPS is computed by dividing net income attributable to Amphenol Corporation by the weighted-average number of common shares and dilutive common shares issuable upon the exercise of outstanding stock options. A reconciliation of the basic weighted average common shares outstanding to diluted weighted average common shares outstanding for the three and nine months ended September 30, 2011 and 2010 is as follows (dollars in thousands, except per share amounts):

 

 

 

Three months ended
September 30,

 

Nine months ended
 September 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

Net income attributable to Amphenol Corporation

 

$

134,623

 

$

137,268

 

$

410,332

 

$

365,292

 

Basic weighted average common shares outstanding

 

167,951,866

 

173,813,753

 

171,411,779

 

173,535,255

 

Effect of dilutive stock options

 

1,883,201

 

2,410,996

 

2,316,630

 

2,362,197

 

Diluted weighted average common shares outstanding

 

169,835,067

 

176,224,749

 

173,728,409

 

175,897,452

 

Earnings per share attributable to Amphenol Corporation:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.80

 

$

0.79

 

$

2.39

 

$

2.11

 

Diluted

 

$

0.79

 

$

0.78

 

$

2.36

 

$

2.08

 

 

Excluded from the computations above were anti-dilutive common shares of 6,319,513 and 4,394,863 for the three months ended September 30, 2011 and 2010, respectively, and 3,555,165 and 3,530,395 for the nine months ended September 30, 2011 and 2010, respectively.