Earnings per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

A reconciliation between basic and diluted earnings per share ("EPS") is as follows:

	Three Months Ended
	March 31,
	2023		2022
	(In thousands, except per share data)
Net income attributable to Ebix, Inc.	$	7,073	$	19,191
Basic weighted average shares outstanding	30,841		30,712
Dilutive effect of stock options and restricted stock awards	1		50
Diluted weighted average shares outstanding	30,842		30,762
Basic earnings per common share	$	0.23	$	0.62
Diluted earnings per common share	$	0.23	$	0.62

The number of potential issuable shares with respect to stock options, which could dilute EPS in the future but which were excluded from the diluted EPS calculation because presently their effect is anti-dilutive for the three month period ended March 31, 2023 were 180,000 and for the three month period ended March 31, 2022 were 177,000.