EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2020

EARNINGS PER SHARE

Reconciliation of weighted-average shares outstanding used in calculation of basic and diluted EPS

The following is a reconciliation of the weighted-average shares outstanding used in the calculation of basic and diluted EPS for the three months ended March 31, 2020 and 2019:

	Three Months Ended March 31,
	2020		2019
Income from continuing operations	$	18,398	$	15,387
Income from continuing operations attributable to noncontrolling interest		15		8
Income from continuing operations attributable to Advanced Energy Industries, Inc.	$	18,383	$	15,379
Basic weighted-average common shares outstanding		38,358		38,198
Assumed exercise of dilutive stock options and restricted stock units		212		228
Diluted weighted-average common shares outstanding		38,570		38,426
Continuing operations:
Basic earnings per share	$	0.48	$	0.40
Diluted earnings per share	$	0.48	$	0.40

Schedule of stock options and restricted units excluded in computation of diluted EPS

The following restricted stock units were excluded in the computation of diluted earnings per share because they were anti-dilutive:

	Three Months Ended March 31,
	2020	2019
Restricted stock units	—	119

Schedule of repurchase of shares of common stock

	Three Months Ended March 31,
(in thousands, except per share amounts)	2020		2019
Amount paid to repurchase shares	$	7,248	$	—
Number of shares repurchased		170		—
Average repurchase price per share	$	42.59	$	—