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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of basic and diluted EPS calculation
Basic and diluted EPS are calculated as follows:
 
 
Three months ended 
 June 30,
 
Six months ended 
 June 30,
(in thousands, except per share data)
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Net income attributable to Altisource
 
$
19,994

 
$
45,950

 
$
38,488

 
$
49,648

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
 
18,437

 
19,571

 
18,646

 
19,870

Dilutive effect of stock options and restricted shares
 
1,167

 
1,098

 
1,176

 
960

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, diluted
 
19,604

 
20,669

 
19,822

 
20,830

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
1.08

 
$
2.35

 
$
2.06

 
$
2.50

 
 
 
 
 
 
 
 
 
Diluted
 
$
1.02

 
$
2.22

 
$
1.94

 
$
2.38