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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule of basic and diluted EPS calculation
Basic and diluted EPS are calculated as follows for the three months ended March 31:
 
 
 
(in thousands, except per share data)
 
2015
 
2014
 
 
 
 
 
Net income attributable to Altisource
 
$
3,698

 
$
39,631

 
 
 
 
 
Weighted average common shares outstanding, basic
 
20,172

 
22,509

Dilutive effect of stock options
 
823

 
2,153

 
 
 
 
 
Weighted average common shares outstanding, diluted
 
20,995

 
24,662

 
 
 
 
 
Earnings per share:
 
 
 
 
Basic
 
$
0.18

 
$
1.76

 
 
 
 
 
Diluted
 
$
0.18

 
$
1.61