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Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The table below presents the computation of earnings per share, including the reconciliation of basic and diluted weighted average shares outstanding (in thousands, except per share data):

 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
Net income
 
$
148,603

 
$
128,224

 
$
111,030

Net (income) loss attributable to noncontrolling interest
 
352

 
51

 
(338
)
Net income attributable to Pool Corporation
 
$
148,955

 
$
128,275

 
$
110,692

Weighted average shares outstanding:
 
 
 
 

 
 

Basic
 
41,872

 
43,105

 
44,281

Effect of dilutive securities:
 
 
 
 

 
 

Stock options and employee stock purchase plan
 
1,112

 
1,149

 
1,160

Diluted
 
42,984

 
44,254

 
45,441

 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
Basic
 
$
3.56

 
$
2.98

 
$
2.50

Diluted
 
$
3.47

 
$
2.90

 
$
2.44

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

 
—

 
169


(1) 
Since these options have exercise prices that are higher than the average market prices of our common stock, including them in the calculation would have an anti-dilutive effect on earnings per share.