Earnings Per Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Vested restricted stock units issued under the Company’s stock-based compensation plans participate in a cash equivalent of the dividends paid to common stockholders and are not considered contingently issuable shares. Accordingly, these RSUs are included in the calculation of basic and diluted earnings per share as common stock equivalents. RSUs that have not vested and are subject to a risk of forfeiture are included solely in the calculation of diluted earnings per share.

The components of basic and diluted earnings per share are as follows:

	Three months ended
(In thousands)	March 31, 2014			March 31, 2013
Net earnings (loss) attributable to Blyth, Inc. common stockholders	$	(3,273	)	$	2,596
Weighted average number outstanding:
Common shares	16,022			16,539
Vested restricted stock units	58			50
Weighted average number of common shares outstanding:
Basic common shares outstanding	16,080			16,589
Dilutive effect of non-vested restricted shares units	—			43
Diluted common shares outstanding	16,080			16,632
Basic earnings per share attributable to common stockholders
Net earnings (loss) attributable per share of Blyth, Inc. common stock	$	(0.20	)	$	0.16
Diluted earnings per share attributable to common stockholders
Net earnings (loss) attributable per share of Blyth, Inc. common stock	$	(0.20	)	$	0.16

As of March 31, 2014 and 2013, options to purchase 2,500 and 22,250 shares of common stock, respectively, are not included in the computation of diluted earnings per share because the effect would be antidilutive.