Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Net income for purposes of determining basic and diluted EPS

As a result, in its calculation of basic EPS for the years ended December 31, 2016, 2015 and 2014, respectively, the Company has adjusted its net income for the effect of these participating securities as follows:

	2016			2015			2014
Net income attributed to Vector Group Ltd.	$	71,127		$	59,198		$	36,856
Income attributable to participating securities	(2,241		)	(1,752		)	(1,024		)
Net income available to common stockholders attributed to Vector Group Ltd.	$	68,886		$	57,446		$	35,832

Basic and diluted EPS calculation shares

Basic and diluted EPS were calculated using the following shares for the years ended December 31, 2016, 2015 and 2014:

	2016	2015	2014
Weighted-average shares for basic EPS	124,031,786	123,648,565	113,479,170
Plus incremental shares related to stock options and non-vested restricted stock	227,790	33,632	70,069
Weighted-average shares for diluted EPS	124,259,576	123,682,197	113,549,239

Outstanding shares not included in the computation of diluted EPS

The following non-vested restricted stock and shares issuable upon the conversion of convertible debt were outstanding during the years ended December 31, 2016, 2015 and 2014 but were not included in the computation of diluted EPS because the exercise prices of the options and the per share expense associated with the restricted stock were greater than the average market price of the common shares during the respective periods, and the impact of common shares issuable under the convertible debt were anti-dilutive to EPS.

	Year Ended December 31,
	2016		2015		2014
Weighted-average number of shares issuable upon conversion of debt	26,140,250		26,369,018		33,827,057
Weighted-average conversion price	$	18.70	$	18.62	$	16.03