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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
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,
 
 
2017
 
2016
 
2017
 
2016
Net income
 
$
48,783

 
$
44,421

 
$
165,674

 
$
146,031

Net loss attributable to noncontrolling interest
 

 
113

 
294

 
309

Net income attributable to Pool Corporation
 
$
48,783

 
$
44,534

 
$
165,968

 
$
146,340

 
 
 
 
 
 
 
 
 
Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
40,659

 
42,020

 
41,065

 
42,092

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and employee stock purchase plan
 
1,548

 
1,099

 
1,626

 
1,109

Diluted
 
42,207

 
43,119

 
42,691

 
43,201

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
1.20

 
$
1.06

 
$
4.04

 
$
3.48

Diluted
 
$
1.16

 
$
1.03

 
$
3.89

 
$
3.39

 
 
 
 
 
 
 
 
 
Anti-dilutive stock options excluded from diluted earnings per share computations
 
108

 
1

 
108

 
1