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Earnings per share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The calculation of the basic and diluted earnings per share is as follows:
 
For the Three Months Ended 
 June 30,
For the Six Months Ended 
 June 30,
 
2016
2015
2016
2015
 
($000 omitted, except per share)
Numerator:
 
 
 
 
Net income attributable to Stewart
23,599

17,106

12,404

4,658

Less: Cash paid on Class B Common Shares conversion

(12,000
)

(12,000
)

Net income available to common shareholders
11,599

17,106

404

4,658

 
 
 
 
 
Denominator (000):
 
 
 
 
Basic average shares outstanding
23,365

23,624

23,357

23,806

Average number of dilutive shares relating to options
1

2

1

2

Average number of dilutive shares relating to grants of restricted shares
193

169

184

167

Diluted average shares outstanding
23,559

23,795

23,542

23,975

 
 
 
 
 
Basic earnings per share attributable to Stewart
0.50

0.72

0.02

0.20

 
 
 
 
 
Diluted earnings per share attributable to Stewart
0.49

0.72

0.02

0.19