EARNINGS PER COMMON SHARE

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

The following table provides details of the calculations of basic and diluted earnings per common share:

	Three Months Ended March 31,
	2019			2018
Net Income		$27,793			$42,706
Less: Net income attributable to noncontrolling interest	(2,999		)	(2,167		)
Net income attributable to Rayonier Inc.		$24,794			$40,539
Shares used for determining basic earnings per common share	129,172,925			128,801,210
Dilutive effect of:
Stock options	19,696			78,475
Performance and restricted shares	557,660			672,712
Shares used for determining diluted earnings per common share	129,750,281			129,552,397
Basic earnings per common share attributable to Rayonier Inc.:		$0.19			$0.31
Diluted earnings per common share attributable to Rayonier Inc.:		$0.19			$0.31

	Three Months Ended March 31,
	2019	2018
Anti-dilutive shares excluded from the computations of diluted earnings per share:
Stock options and performance shares	438,273	171,819