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Earnings Per Share
6 Months Ended
Jun. 30, 2014
Earnings Per Share  
Earnings Per Share

Note 6—Earnings Per Share

 

Basic earnings per share (“EPS”) is computed by dividing net income attributable to Amphenol Corporation by the weighted-average number of common shares outstanding. Diluted EPS is computed by dividing net income attributable to Amphenol Corporation by the weighted-average number of common shares and dilutive common shares issuable upon the exercise of outstanding stock options. A reconciliation of the basic weighted average common shares outstanding to diluted weighted average common shares outstanding for the three and six months ended June 30, 2014 and 2013 is as follows (dollars in thousands, except per share amounts):

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Net income attributable to Amphenol Corporation shareholders

 

$

174,932

 

$

153,988

 

$

333,415

 

$

306,995

 

Basic weighted average common shares outstanding

 

157,114,685

 

159,705,021

 

157,320,441

 

159,721,503

 

Effect of dilutive stock options

 

3,676,450

 

3,230,407

 

3,662,638

 

3,103,326

 

Diluted weighted average common shares outstanding

 

160,791,135

 

162,935,428

 

160,983,079

 

162,824,829

 

Earnings per share attributable to Amphenol Corporation shareholders:

 

 

 

 

 

 

 

 

 

Basic

 

$

1.11

 

$

0.96

 

$

2.12

 

$

1.92

 

Diluted

 

$

1.09

 

$

0.95

 

$

2.07

 

$

1.89

 

 

Excluded from the computations above were anti-dilutive stock options of 1,475,550 and 917,383 for the three months ended June 30, 2014 and 2013, respectively, and 2,028,171 and 1,115,174 for the six months ended June 30, 2014 and 2013, respectively.