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Earnings Per Share
3 Months Ended
Mar. 31, 2014
Earnings Per Share  
Earnings Per Share

Note 6—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 months ended March 31, 2014 and 2013 is as follows (dollars in thousands, except per share amounts):

 

 

 

Three months ended March 31,

 

 

 

2014

 

2013

 

Net income attributable to Amphenol Corporation shareholders

 

$

158,483

 

$

153,007

 

Basic weighted average common shares outstanding

 

157,528,482

 

159,738,168

 

Effect of dilutive stock options

 

3,648,674

 

2,974,834

 

Diluted weighted average common shares outstanding

 

161,177,156

 

162,713,002

 

Earnings per share attributable to Amphenol Corporation shareholders:

 

 

 

 

 

Basic

 

$

1.01

 

$

0.96

 

Diluted

 

$

0.98

 

$

0.94

 

 

Excluded from the computations above were anti-dilutive stock options of 2,764,633 and 1,263,518 for the three months ended March 31, 2014 and 2013, respectively.