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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2016
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)
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Net income attributable to Altisource
 
$
10,589

 
$
37,046

 
$
49,077

 
$
86,694

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
 
18,715

 
19,091

 
18,669

 
19,608

Dilutive effect of stock options and restricted shares
 
853

 
1,320

 
1,069

 
1,080

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, diluted
 
19,568

 
20,411

 
19,738

 
20,688

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.57

 
$
1.94

 
$
2.63

 
$
4.42

 
 
 
 
 
 
 
 
 
Diluted
 
$
0.54

 
$
1.82

 
$
2.49

 
$
4.19