Net Income Per Share Table [Text Block] |
The reconciliation of basic and diluted net income per share and dividends declared per common share for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands of U.S. dollars, except share and per share data): | | | | | | | | | | | | | | 2015 | | 2014 | | 2013 | Numerator: | | | | | | Net income attributable to PartnerRe Ltd. | $ | 104,381 |
| | $ | 1,054,974 |
| | $ | 664,008 |
| Less: preferred dividends | 56,735 |
| | 56,735 |
| | 57,861 |
| Less: loss on redemption of preferred shares | — |
| | — |
| | 9,135 |
| Net income attributable to PartnerRe Ltd. common shareholders | $ | 47,646 |
| | $ | 998,239 |
| | $ | 597,012 |
| Denominator: | | | | | | Weighted number of common shares outstanding – basic | 47,771,673 |
| | 50,019,480 |
| | 55,378,980 |
| Share options and other (1) | 1,168,197 |
| | 1,154,745 |
| | 1,069,125 |
| Weighted average number of common shares and common share equivalents outstanding – diluted | 48,939,870 |
| | 51,174,225 |
| | 56,448,105 |
| Basic net income per share | $ | 1.00 |
| | $ | 19.96 |
| | $ | 10.78 |
| Diluted net income per share (1) | $ | 0.97 |
| | $ | 19.51 |
| | $ | 10.58 |
| Dividends declared per common share | $ | 2.80 |
| | $ | 2.68 |
| | $ | 2.56 |
| Anti-dilutive common shares excluded from weighted average number of common shares and common share equivalents outstanding - diluted (1) | 49,411 |
| | 127,329 |
| | 14,784 |
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| | (1) | Where the exercise price of share based awards is greater than the average market price of the common shares, the common shares are considered anti-dilutive and are excluded from the calculation of weighted average number of common shares and common share equivalents outstanding - diluted. |
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