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Earnings Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
7.
Earnings Per Share

Basic earnings per share (“EPS”) is computed by dividing net income attributable to Amkor common stockholders by the weighted average number of common shares outstanding during the period. The weighted average number of common shares outstanding includes restricted shares held by retirement eligible recipients and is reduced for treasury stock.

Diluted EPS is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period. Dilutive potential common shares include outstanding stock options, unvested restricted shares and convertible debt. The following table summarizes the computation of basic and diluted EPS:
 
For the Year Ended December 31,
 
2015
 
2014
 
2013
 
(In thousands, except per share data)
Net income attributable to Amkor
$
56,812

 
$
130,386

 
$
109,296

Income allocated to participating securities
(65
)
 
(372
)
 
(681
)
Net income available to Amkor common stockholders — basic
56,747

 
130,014

 
108,615

Adjustment for dilutive securities on net income:
 
 
 
 
 
Net income reallocated to participating securities

 
6

 
93

Interest on 6.0% convertible notes due 2014, net of tax

 
1,039

 
9,440

Net income attributable to Amkor — diluted
$
56,747

 
$
131,059

 
$
118,148

 
 
 
 
 
 
Weighted average shares outstanding — basic
236,850

 
230,710

 
187,032

Effect of dilutive securities:
 
 
 
 
 
Stock options and restricted share awards
320

 
712

 
21

6.0% convertible notes due 2014

 
5,309

 
48,277

Weighted average shares outstanding — diluted
237,170

 
236,731

 
235,330

Net income attributable to Amkor per common share:
 
 
 
 
 
Basic
$
0.24

 
$
0.56

 
$
0.58

Diluted
0.24

 
0.55

 
0.50



The following table summarizes the potential shares of common stock that were excluded from diluted EPS, because the effect of including these potential shares was antidilutive:
 
For the Year Ended December 31,
 
2015
 
2014
 
2013
 
(In thousands)
Stock options and restricted share awards
1,858

 
1,303

 
4,890