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COMMON STOCK AND EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2015
COMMON STOCK AND EARNINGS PER SHARE  
COMMON STOCK AND EARNINGS PER SHARE
COMMON STOCK AND EARNINGS PER SHARE
Basic earnings per share attributable to Knoll, Inc. stockholders excludes the dilutive effect of (i) common shares that could potentially be issued due to the exercise of stock options, and (ii) unvested restricted stock and restricted stock units and is computed by dividing net earnings attributable to Knoll, Inc. stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share attributable to Knoll, Inc. stockholders includes the effect of shares and potential shares issued under the stock incentive plans. The following table sets forth the reconciliation from basic to diluted weighted-average number of common shares outstanding:
 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
 
(in thousands)
 
(in thousands)
Weighted-average number of common shares outstanding - basic
47,761

 
47,366

 
47,705

 
47,283

Potentially dilutive shares resulting from stock plans
749

 
609

 
740

 
729

Weighted-average number of common shares outstanding - diluted
48,510

 
47,975

 
48,445

 
48,012

Antidilutive equity awards number of shares not included in the weighted-average common shares - diluted

 
138

 

 
158



Common stock activity for the six months ended June 30, 2015 and 2014 included the repurchase of 287,689 shares for $6.1 million and 379,051 shares for $6.2 million, respectively.  Common stock activity for the six months ended June 30, 2015 also included the exercise of 302,750 stock options for $4.4 million and the vesting of 281,581 restricted shares.  Common stock activity for the six months ended June 30, 2014 included the exercise of 195,807 stock options for $2.6 million and the vesting of 496,191 restricted shares. During the three and six months ended June 30, 2015, the Company granted 998 and 272,424, respectively, equity-based awards to certain employees and the Company's Board of Directors. The vesting of these awards is subject to certain service, performance or market conditions.