Earnings per share attributable to stockholders

3 Months Ended

Mar. 31, 2020

Earnings per share attributable to stockholders

Earnings per share attributable to stockholders

8.    Earnings per share attributable to stockholders

Basic earnings per share (“EPS”) attributable to stockholders was calculated by dividing the net income attributable to stockholders by the weighted average (“WA”) number of common shares outstanding during the period. Diluted EPS attributable to stockholders was calculated by dividing the net income attributable to stockholders by the WA number of shares of common stock outstanding if the potentially dilutive securities had been issued. Potentially dilutive securities include unvested PSUs, unvested RSUs, and outstanding stock options. The dilutive effect of potentially dilutive securities is reflected in diluted earnings per share by application of the treasury stock method. Under the treasury stock method, an increase in the fair market value of the Company’s common stock can result in a greater dilutive effect from potentially dilutive securities.

	Net income		WA	Per
	attributable to		number	share
Three months ended March 31, 2020	stockholders		of shares	amount
Basic	$	22,809	109,248,880	$	0.21
Effect of dilutive securities:
Share units		—	586,074		—
Stock options		—	647,883		—
Diluted	$	22,809	110,482,837	$	0.21

	Net income		WA	Per
	attributable to		number	share
Three months ended March 31, 2019	stockholders		of shares	amount
Basic	$	18,164	108,765,489	$	0.17
Effect of dilutive securities:
Share units		—	486,626		—
Stock options		—	792,098		—
Diluted	$	18,164	110,044,213	$	0.17