XML 42 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Income Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Disclosure - Net Income Per Share [Abstract]  
Net Income Per Share Table [Text Block]
      For the three For the three  For the nine For the nine 
      months ended months ended  months ended months ended 
      September 30, 2013 September 30, 2012  September 30, 2013 September 30, 2012 
Numerator:                  
 Net income attributable to PartnerRe Ltd. $333,423  $486,706   $392,221  $1,022,994  
 Less: preferred dividends  (14,184)   (15,405)    (43,678)   (46,216)  
 Less: loss on redemption of preferred shares  0   0    (9,135)   0  
 Net income attributable to PartnerRe Ltd. common shareholders $319,239  $471,301   $339,408  $976,778  
                       
Denominator:                  
 Weighted number of common shares outstanding - basic  53,671,245   61,837,328    56,176,260   63,679,114  
 Share options and other (1)  953,906   769,433    1,041,301   605,011  
 Weighted average number of common shares and common                  
  share equivalents outstanding - diluted  54,625,151   62,606,761    57,217,561   64,284,125  
                       
Basic net income per share  $ 5.95  $7.62   $ 6.04  $15.34  
Diluted net income per share(1)  $ 5.84  $7.53   $ 5.93  $15.19  

_______________

(1)       At September 30, 2013 and 2012, share based awards to purchase 140.5 thousand and 1,233.3 thousand common shares, respectively, were excluded from the calculation of diluted weighted average number of common shares and common share equivalents outstanding because their exercise prices were greater than the average market price of the common shares.