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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2019
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 June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Net Income

$20,920

 

$39,338

 

$48,713

 

$82,043

Less: Net income attributable to noncontrolling interest
(2,168
)
 
(3,080
)
 
(5,167
)
 
(5,246
)
Net income attributable to Rayonier Inc.

$18,752

 

$36,258

 

$43,546

 

$76,797

 
 
 
 
 
 
 
 
Shares used for determining basic earnings per common share
129,380,282

 
129,067,325

 
129,277,490

 
128,935,003

Dilutive effect of:
 
 
 
 
 
 
 
Stock options
13,463

 
103,154

 
16,580

 
90,815

Performance and restricted shares
250,170

 
540,808

 
403,915

 
606,760

Shares used for determining diluted earnings per common share
129,643,915

 
129,711,287

 
129,697,985

 
129,632,578

 
 
 
 
 
 
 
 
Basic earnings per common share attributable to Rayonier Inc.:

$0.14

 

$0.28

 

$0.34

 

$0.60

 
 
 
 
 
 
 
 
Diluted earnings per common share attributable to Rayonier Inc.:

$0.14

 

$0.28

 

$0.34

 

$0.59


Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Anti-dilutive shares excluded from the computations of diluted earnings per share:
 
 
 
 
 
 
 
Stock options and performance shares
451,258

 
254,663

 
444,765

 
213,241