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Earnings Per Share
9 Months Ended
Sep. 30, 2016
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 outstanding, which relates to stock options.  A reconciliation of the basic weighted average common shares outstanding to diluted weighted average common shares outstanding for the three and nine months ended September 30, 2016 and 2015 is as follows (dollars and shares in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended September 30, 

 

Nine months ended September 30, 

 

 

    

2016

    

2015

    

2016

    

2015

 

Net income attributable to Amphenol Corporation shareholders

 

$

224.3

 

$

204.5

 

$

587.5

 

$

563.3

 

Basic weighted average common shares outstanding

 

 

308.9

 

 

308.9

 

 

308.3

 

 

309.3

 

Effect of dilutive stock options

 

 

6.8

 

 

7.0

 

 

6.8

 

 

7.6

 

Diluted weighted average common shares outstanding

 

 

315.7

 

 

315.9

 

 

315.1

 

 

316.9

 

Earnings per share attributable to Amphenol Corporation shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.73

 

$

0.66

 

$

1.91

 

$

1.82

 

Diluted

 

$

0.71

 

$

0.65

 

$

1.86

 

$

1.78

 

 

Excluded from the computations above were anti-dilutive common shares of 13.2 million and 9.4 million for the three months ended September 30, 2016 and 2015, respectively, and 11.0 million and 5.0 million for the nine months ended September 30, 2016 and 2015, respectively.