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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of basic and diluted EPS calculation
Basic and diluted EPS are calculated as follows:
 
 
Three months ended 
 September 30,
 
Nine months ended 
 September 30,
(in thousands, except per share data)
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
 
Net income attributable to Altisource
 
$
42,287

 
$
36,008

 
$
136,019

 
$
94,457

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
 
21,626

 
23,025

 
22,071

 
23,185

Dilutive effect of stock options
 
2,014

 
2,308

 
2,081

 
1,885

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, diluted
 
23,640

 
25,333

 
24,152

 
25,070

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
1.96

 
$
1.56

 
$
6.16

 
$
4.07

Diluted
 
$
1.79

 
$
1.42

 
$
5.63

 
$
3.77