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Earnings Per Share
12 Months Ended
Dec. 31, 2013
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 outstanding, which relates to stock options. A reconciliation of the basic average common shares outstanding to diluted average common shares outstanding as of December 31 is as follows (dollars in thousands, except per share amounts):

 

 

 

2013

 

2012

 

2011

 

Net income attributable to Amphenol Corporation shareholders

 

$

635,672

 

$

555,317

 

$

524,191

 

Basic average common shares outstanding

 

159,092,787

 

161,522,080

 

169,640,115

 

Effect of dilutive stock options

 

3,181,712

 

2,425,031

 

2,185,473

 

Dilutive average common shares outstanding

 

162,274,499

 

163,947,111

 

171,825,588

 

Earnings per share:

 

 

 

 

 

 

 

Basic

 

$

4.00

 

$

3.44

 

$

3.09

 

Diluted

 

$

3.92

 

$

3.39

 

$

3.05

 

 

Excluded from the computations above were anti-dilutive common shares of 1,875,509, 4,551,578 and 4,286,519 for the years ended December 31, 2013, 2012 and 2011, respectively.