Earnings per share

12 Months Ended

Dec. 31, 2016

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 outstanding. 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. The potentially dilutive shares, consisting of outstanding options on common shares, restricted share units, common shares to be issued under the ESPP and performance units, have been included in the computation of diluted net earnings per share and number of weighted average shares outstanding, except where the result would be anti-dilutive.

The number of stock awards outstanding but not included in the computation of diluted earnings per common share because their effect was anti-dilutive is 3,758,000, 2,821,000 and 781,215 for the years ended December 31, 2014, 2015 and 2016, respectively.

	Year ended December 31,
	2014		2015		2016
Net income available to Genpact Limited common shareholders	$	192,002	$	239,817	$	269,684
Weighted average number of common shares used in computing basic earnings per common share		220,847,098		216,606,542		206,861,536
Dilutive effect of stock-based awards		4,321,567		2,538,502		3,264,487
Weighted average number of common shares used in computing dilutive earnings per common share		225,168,665		219,145,044		210,126,023
Earnings per common share attributable to Genpact Limited common shareholders
Basic	$	0.87	$	1.11	$	1.30
Diluted	$	0.85	$	1.09	$	1.28