COMMON STOCK AND EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

COMMON STOCK AND EARNINGS PER SHARE

COMMON STOCK AND EARNINGS PER SHARE

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 June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Numerator:
Net earnings attributable to Knoll, Inc. stockholders	$	21,298	$	17,239	$	38,556	$	34,682
Denominator:
Denominator for basic earnings per share - weighted-average shares	48,019		47,761		47,962		47,705
Effect of dilutive securities:
Potentially dilutive shares resulting from stock plans	645		749		627		740
Denominator for diluted earnings per share - weighted-average shares	48,664		48,510		48,589		48,445
Antidilutive equity awards not included in weighted-average common shares—diluted	—		—		—		—
Net earnings per common share attributable to Knoll, Inc. stockholders:
Basic	$	0.44	$	0.36	$	0.80	$	0.73
Diluted	$	0.44	$	0.36	$	0.79	$	0.72