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Earnings Per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share  
Earnings Per Share

Note 7—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, 2019 and 2018 is as follows:

Three Months Ended September 30, 

Nine Months Ended September 30, 

(dollars and shares in millions, except per share data)

    

2019

    

2018

    

2019

    

2018

Net income attributable to Amphenol Corporation shareholders

$

280.3

$

316.6

$

836.3

$

866.9

Basic weighted average common shares outstanding

 

296.6

 

300.5

 

297.6

 

301.7

Effect of dilutive stock options

 

9.6

 

11.9

 

10.2

 

11.9

Diluted weighted average common shares outstanding

 

306.2

 

312.4

 

307.8

 

313.6

Earnings per share attributable to Amphenol Corporation shareholders:

Basic

$

0.95

$

1.05

$

2.81

$

2.87

Diluted

$

0.92

$

1.01

$

2.72

$

2.76

Excluded from the computations above were anti-dilutive common shares of 12.2 million and 6.1 million for the three months ended September 30, 2019 and 2018, respectively. Excluded from the computations above were anti-dilutive common shares of 8.6 million and 2.5 million for the nine months ended September 30, 2019 and 2018, respectively.