Earnings per share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings per Share

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,
	2014	2013	2014		2013
	($000 omitted)
Numerator:
Net earnings (loss) attributable to Stewart	6,279	26,899	(5,828	)	30,105
Interest expense, net of tax effects	314	293	—		805
If-converted net earnings (loss) attributable to Stewart	6,593	27,192	(5,828	)	30,910
Denominator (000):
Basic average shares outstanding	22,476	22,433	22,491		21,701
Dilutive average number of shares relating to options	1	150	—		—
Dilutive average number of shares relating to convertible senior notes	2,087	2,158	—		2,864
Dilutive average number of shares relating to restricted shares grant	284	178	—		178
Dilutive average shares outstanding	24,848	24,919	22,491		24,743
Basic earnings (loss) per share attributable to Stewart	0.28	1.20	(0.26	)	1.39
Diluted earnings (loss) per share attributable to Stewart	0.27	1.09	(0.26	)	1.25