COMMON STOCK AND EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2016

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):



	Three Months Ended March 31,
	2016		2015
Numerator:
Net earnings attributable to Knoll, Inc. stockholders	$	17,259	$	17,443

Denominator:
Denominator for basic earnings per shares - weighted-average shares	47,905		47,648
Effect of dilutive securities:
Potentially dilutive shares resulting from stock plans	666		705
Denominator for diluted earnings per share - weighted-average shares	48,571		48,353
Antidilutive equity awards not included in weighted-average common shares—diluted	—		—

Net earnings per common share attributable to Knoll, Inc. stockholders:
Basic	$	0.36	$	0.37
Diluted	$	0.36	$	0.36