EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2015

Basic earnings per share excludes the dilutive effect of common shares that could potentially be issued due to the exercise of stock options and unvested restricted stock and restricted stock units, and is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share includes the effect of shares and potential shares and units issued under the stock incentive plans. The following table sets forth the reconciliation from basic to dilutive average common shares (in thousands):



	December 31,
	2015		2014		2013
Numerator:
Net earnings attributable to Knoll, Inc. stockholders	$	65,963	$	46,596	$	23,184

Denominator:
Denominator for basic earnings per shares - weighted-average shares	47,747		47,347		46,917
Effect of dilutive securities:
Potentially dilutive shares resulting from stock plans	691		721		742
Denominator for diluted earnings per share - weighted-average shares	48,438		48,068		47,659
Antidilutive equity awards not included in weighted-average common shares—diluted	4		144		164

Net earnings per common share attributable to Knoll, Inc. stockholders:
Basic	$	1.38	$	0.98	$	0.49
Diluted	$	1.36	$	0.97	$	0.49