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Earnings Per Share
12 Months Ended
Dec. 31, 2018
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 outstanding, which relates to stock options.  A reconciliation of the basic weighted average common shares outstanding to diluted weighted average common shares outstanding for the years ended December 31, 2018, 2017 and 2016 is as follows:

 

 

 

 

 

 

 

 

 

 

 

(dollars and shares in millions, except per share data)

 

2018

    

2017

    

2016

Net income attributable to Amphenol Corporation shareholders

 

$

1,205.0

 

$

650.5

 

$

822.9

Basic weighted average common shares outstanding

 

 

301.2

 

 

305.7

 

 

308.3

Effect of dilutive stock options

 

 

11.4

 

 

10.8

 

 

6.9

Diluted weighted average common shares outstanding

 

 

312.6

 

 

316.5

 

 

315.2

Earnings per share attributable to Amphenol Corporation shareholders:

 

 

 

 

 

 

 

 

 

Basic

 

$

4.00

 

$

2.13

 

$

2.67

Diluted

 

$

3.85

 

$

2.06

 

$

2.61

 

Excluded from the computations above were anti-dilutive common shares of 3.3 million, 1.6 million and 8.5 million for the years ended December 31, 2018, 2017 and 2016, respectively.