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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Computation of earnings per share and reconciliation of basic and diluted weighted average common shares outstanding
The table below presents the computation of EPS, including the reconciliation of basic and diluted weighted average shares outstanding (in thousands, except EPS):

 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2016
 
2015
 
2016
 
2015
Net income
 
$
44,421

 
$
39,403

 
$
146,031

 
$
125,645

Net loss attributable to noncontrolling interest
 
113

 
44

 
309

 
144

Net income attributable to Pool Corporation
 
$
44,534

 
$
39,447

 
$
146,340

 
$
125,789

 
 
 
 
 
 
 
 
 
Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
42,020

 
42,826

 
42,092

 
43,266

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and employee stock purchase plan
 
1,099

 
1,113

 
1,109

 
1,141

Diluted
 
43,119

 
43,939

 
43,201

 
44,407

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
1.06

 
$
0.92

 
$
3.48

 
$
2.91

Diluted
 
$
1.03

 
$
0.90

 
$
3.39

 
$
2.83

 
 
 
 
 
 
 
 
 
Anti-dilutive stock options excluded from diluted earnings per share computations
 
1

 

 
1

 
176