COMMON STOCK AND EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2017

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 March 31,
	2017		2016
Numerator:
Net earnings attributable to Knoll, Inc. stockholders	$	15,404	$	17,400
Denominator:
Denominator for basic earnings per shares - weighted-average shares	48,456		47,905
Effect of dilutive securities:
Potentially dilutive shares resulting from stock plans	927		689
Denominator for diluted earnings per share - weighted-average shares	49,383		48,594
Antidilutive equity awards not included in weighted-average common shares—diluted	12		—
Net earnings per common share attributable to Knoll, Inc. stockholders:
Basic	$	0.32	$	0.36
Diluted	$	0.31	$	0.36