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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Computation of earnings per share and reconciliation of basic and diluted weighted average common shares outstanding
The table below presents the computation of EPS, including the reconciliation of basic and diluted weighted average shares outstanding (in thousands, except EPS):

 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2018
 
2017
 
2018
 
2017
Net income
 
$
117,049

 
$
94,620

 
$
148,388

 
$
116,891

Net loss attributable to noncontrolling interest
 

 
283

 

 
294

Net income attributable to Pool Corporation
 
$
117,049

 
$
94,903


$
148,388


$
117,185

 
 
 
 
 
 
 
 
 
Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
40,453

 
41,349

 
40,413

 
41,271

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and employee stock purchase plan
 
1,361

 
1,636

 
1,427

 
1,666

Diluted
 
41,814

 
42,985


41,840


42,937

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
2.89

 
$
2.30


$
3.67


$
2.84

Diluted
 
$
2.80

 
$
2.21


$
3.55


$
2.73

 
 
 
 
 
 
 
 
 
Anti-dilutive stock options excluded from diluted earnings per share computations
 

 

 

 
108