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Earnings per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings per Share

11. EARNINGS PER SHARE

We compute basic earnings per common share by dividing net income attributable to Core Laboratories N.V. by the weighted average number of common shares outstanding during the period. Diluted earnings per share includes the incremental effect of contingently issuable shares from performance and restricted stock awards, as determined using the treasury stock method. The following table summarizes the calculation of weighted average common shares outstanding used in the computation of basic and diluted earnings per share (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Weighted average common shares outstanding - basic

 

 

46,338

 

 

 

46,289

 

 

 

46,319

 

 

 

45,932

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Restricted shares

 

 

62

 

 

 

178

 

 

 

107

 

 

 

188

 

Performance shares

 

 

612

 

 

 

658

 

 

 

691

 

 

 

713

 

Weighted average common shares outstanding - diluted

 

 

47,012

 

 

 

47,125

 

 

 

47,117

 

 

 

46,833