XML 35 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings per Share
3 Months Ended
Jan. 31, 2017
Earnings Per Share Disclosure [Abstract]  
Earnings per Share

17.       Earnings per Share

 

The following table sets forth the calculation of earnings per basic and diluted share for the three months ended January 31, 2017 and 2016:

  Three Months Ended
  January 31,
 (in thousands, except per share data) 2017 2016
 Net income attributable to Eaton Vance Corp. shareholders$ 60,711$ 58,386
 Less: Allocation of earnings to participating restricted shares  -  628
 Net income available to common shareholders$ 60,711$ 57,758
 Weighted-average shares outstanding – basic  110,267  111,641
 Incremental common shares  4,404  2,962
 Weighted-average shares outstanding – diluted  114,671  114,603
 Earnings per share:    
  Basic$ 0.55$ 0.52
  Diluted$ 0.53$ 0.50

During the three months ended January 31, 2016, the calculation of earnings per basic and diluted share included the allocation of earnings to participating securities using the two-class method.

 

Antidilutive common shares related to stock options and unvested restricted stock excluded from the computation of earnings per diluted share were approximately 8.1 million and 12.0 million shares for the three months ended January 31, 2017 and 2016, respectively.