The components of basic and diluted earnings per share are as follows: | | | | | | | | | | | | | | | | | | Three Months Ended May 31, | | Nine Months Ended May 31, | (In thousands, except per share data) | 2016 | | 2015 | | 2016 | | 2015 | Numerator: | | | | | | | | Net income (loss) attributable to Apollo (basic and diluted) | $ | 20,744 |
| | $ | 48,064 |
| | $ | (100,417 | ) | | $ | 48,239 |
| Denominator: | | | | | | | | Basic weighted average shares outstanding | 108,658 |
| | 107,678 |
| | 108,567 |
| | 108,140 |
| Dilutive effect of restricted stock units and performance share awards(1) | 786 |
| | 828 |
| | — |
| | 818 |
| Dilutive effect of stock options(1) | — |
| | 117 |
| | — |
| | 166 |
| Diluted weighted average shares outstanding | 109,444 |
| | 108,623 |
| | 108,567 |
| | 109,124 |
| Basic income (loss) per share attributable to Apollo | $ | 0.19 |
| | $ | 0.45 |
| | $ | (0.92 | ) | | $ | 0.45 |
| Diluted income (loss) per share attributable to Apollo | $ | 0.19 |
| | $ | 0.44 |
| | $ | (0.92 | ) | | $ | 0.44 |
| | | | | | | | | Anti-dilutive securities excluded from diluted income (loss) per share: | | | | | | | | Anti-dilutive restricted stock units and performance share awards(1) | 2,984 |
| | 33 |
| | 4,071 |
| | 21 |
| Anti-dilutive stock options(1) | 3,514 |
| | 2,513 |
| | 3,595 |
| | 2,329 |
|
(1) Due to the loss from continuing operations attributable to Apollo during the nine months ended May 31, 2016, no dilutive share-based awards were included in the calculation of diluted loss per share because they would have been anti-dilutive.
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