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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
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,
 
 
2018
 
2017
 
2018
 
2017
Net income
 
$
69,261

 
$
48,783

 
$
217,649

 
$
165,674

Net loss attributable to noncontrolling interest
 

 

 

 
294

Net income attributable to Pool Corporation
 
$
69,261

 
$
48,783


$
217,649


$
165,968

 
 
 
 
 
 
 
 
 
Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
40,422

 
40,659

 
40,416

 
41,065

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and employee stock purchase plan
 
1,375

 
1,548

 
1,415

 
1,626

Diluted
 
41,797

 
42,207


41,831


42,691

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
1.71

 
$
1.20


$
5.39


$
4.04

Diluted
 
$
1.66

 
$
1.16


$
5.20


$
3.89

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

 
108

 

 
108