Nucor 2015 Annual Report Download - page 75

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73
22. EARNINGS PER SHARE
The computations of basic and diluted net earnings per share are as follows:
(in thousands, except per share data)
Year Ended December 31, 2015 2014 2013
Basic net earnings per share:
Basic net earnings $357,659 $713,946 $488,025
Earnings allocated to participating securities (1,514) (2,321) (1,919)
Net earnings available to common stockholders $356,145 $711,625 $486,106
Average shares outstanding 320,565 319,838 319,077
Basic net earnings per share $ 1.11 $ 2.22 $ 1.52
Diluted net earnings per share:
Diluted net earnings $357,659 $713,946 $488,025
Earnings allocated to participating securities (1,514) (2,321) (1,919)
Net earnings available to common stockholders $356,145 $711,625 $486,106
Diluted average shares outstanding:
Basic shares outstanding 320,565 319,838 319,077
Dilutive effect of stock options and other 128 289 189
320,693 320,127 319,266
Diluted net earnings per share $ 1.11 $ 2.22 $ 1.52
The following stock options were excluded from the computation of diluted net earnings per share because their effect would
have been anti-dilutive:
(shares in thousands)
Year Ended December 31, 2015 2014 2013
Anti-dilutive stock options:
Weighted average shares 1,226 — 137
Weighted average exercise price $47. 2 0 $ — $44.51