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EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table provides details of the calculations of basic and diluted earnings per common share:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Net Income

$30,639

 

$28,803

 

$112,682

 

$94,659

Less: Net income attributable to noncontrolling interest
(7,207
)
 
(4,115
)
 
(12,453
)
 
(9,968
)
Net income attributable to Rayonier Inc.

$23,432

 

$24,688

 

$100,229

 

$84,691

 
 
 
 
 
 
 
 
Shares used for determining basic earnings per common share
129,142,931

 
128,610,696

 
129,005,074

 
126,934,003

Dilutive effect of:
 
 
 
 
 
 
 
Stock options
73,372

 
84,380

 
85,000

 
94,528

Performance and restricted shares
539,571

 
270,704

 
584,364

 
315,476

Shares used for determining diluted earnings per common share
129,755,874

 
128,965,780

 
129,674,438

 
127,344,007

 
 
 
 
 
 
 
 
Basic earnings per common share attributable to Rayonier Inc.:

$0.18

 

$0.19

 

$0.78

 

$0.67

 
 
 
 
 
 
 
 
Diluted earnings per common share attributable to Rayonier Inc.:

$0.18

 

$0.19

 

$0.77

 

$0.67

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Anti-dilutive shares excluded from the computations of diluted earnings per share:
 
 
 
 
 
 
 
Stock options and performance shares
150,313

 
621,447

 
192,265

 
600,039