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Earnings per Share
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings per Share

10. 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 common and potential common shares include additional shares in the weighted average share calculations associated with the incremental effect of dilutive restricted stock awards and contingently issuable shares, as determined using the treasury stock method. The following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted earnings per share (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Weighted average basic common shares

     outstanding

 

 

44,470

 

 

 

44,354

 

 

 

44,459

 

 

 

44,339

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performance shares

 

 

 

 

 

357

 

 

 

 

 

 

394

 

Restricted stock

 

 

 

 

 

104

 

 

 

 

 

 

115

 

Weighted average diluted common and

      potential common shares outstanding

 

 

44,470

 

 

 

44,815

 

 

 

44,459

 

 

 

44,848

 

 

For the three and six months ended June 30, 2020, the number of outstanding performance and restricted shares of Core Laboratories N.V. common stock that were excluded from the diluted earnings per share calculation as their impact would be antidilutive, were as follows (in thousands):

 

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30, 2020

 

 

June 30, 2020

 

Performance shares

 

 

187

 

 

 

315

 

Restricted stock

 

 

51

 

 

 

60