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 EPS reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock. At December 31, 2017, 2016 and 2015, the Company had outstanding stock options, restricted stock, and restricted stock units, which could potentially dilute basic earnings per share in the future. The following table sets forth the reconciliation from basic to dilutive average common shares (in thousands):



	Years ended December 31,
	2017		2016		2015
Numerator:
Net earnings attributable to Knoll, Inc. stockholders	$	80,163	$	82,084	$	65,963

Denominator:
Denominator for basic earnings per shares - weighted-average shares	48,423		48,093		47,747
Effect of dilutive securities:
Potentially dilutive shares resulting from stock plans	737		826		691
Denominator for diluted earnings per share - weighted-average shares	49,160		48,919		48,438
Antidilutive equity awards not included in weighted-average common shares—diluted	—		—		4

Net earnings per common share attributable to Knoll, Inc. stockholders:
Basic	$	1.66	$	1.71	$	1.38
Diluted	$	1.63	$	1.68	$	1.36