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Earnings Per Share
12 Months Ended
Dec. 31, 2013
Earnings Per Share

20. Earnings per share

The Company calculates earnings per share in accordance with FASB guidance on Earnings per Share. Basic and diluted earnings per common share give effect to the change in the number of common shares of the Company. The calculation of basic earnings per common share was determined by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the respective periods. The potentially dilutive shares, consisting of outstanding options on common shares, restricted share units, common shares to be issued under the employee stock purchase plan and performance units, have been included in the computation of diluted net earnings per share and the weighted average shares outstanding, except where the result would be anti-dilutive.

The number of stock options outstanding but not included in the computation of diluted earnings per common share because their effect was anti-dilutive is 6,995,632, 3,525,625 and 2,616,000 for the years ended December 31, 2011, 2012 and 2013, respectively.

 

     Year ended December 31,  
     2011      2012      2013  

Net income available to Genpact Limited common shareholders

   $ 184,294       $ 178,216       $ 229,717   

Weighted average number of common shares used in computing basic earnings per common share

     221,567,502         223,696,567         229,348,411   

Dilutive effect of stock-based awards

     4,786,901         5,835,949         6,405,856   
  

 

 

    

 

 

    

 

 

 

Weighted average number of common shares used in computing dilutive earnings per common share

     226,354,403         229,532,516         235,754,267   
  

 

 

    

 

 

    

 

 

 

Earnings per common share attributable to Genpact Limited common shareholders

        

Basic

   $ 0.83       $ 0.80       $ 1.00   

Diluted

   $ 0.81       $ 0.78       $ 0.97