Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2018

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, 2018, 2017 and 2016, respectively, the Company has adjusted its net income for the effect of these participating securities as follows:

	For the year ended December 31,
	2018			2017			2016
Net income attributed to Vector Group Ltd.	$	58,105		$	84,572		$	71,127
Income attributable to participating securities	(7,016		)	(6,071		)	(2,241		)
Net income available to common stockholders attributed to Vector Group Ltd.	$	51,089		$	78,501		$	68,886

Basic and diluted EPS calculation shares

Basic and diluted EPS were calculated using the following shares for the years ended December 31, 2018, 2017 and 2016:

	For the year ended December 31,
	2018	2017	2016
Weighted-average shares for basic EPS	139,392,638	139,035,240	136,745,044
Plus incremental shares related to stock options and non-vested restricted stock	116,707	271,254	251,139
Weighted-average shares for diluted EPS	139,509,345	139,306,494	136,996,183

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, 2018, 2017 and 2016 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,
	2018		2017		2016
Weighted-average number of shares issuable upon conversion of debt	28,773,728		28,819,626		28,819,626
Weighted-average conversion price	$	16.95	$	16.96	$	16.96