Basic and diluted EPS are calculated as follows: | | | | | | | | | | | | | | | | | | | | Three months ended
June 30, | | Six months ended
June 30, | (in thousands, except per share data) | | 2016 | | 2015 | | 2016 | | 2015 | | | | | | | | | | Net income attributable to Altisource | | $ | 19,994 |
| | $ | 45,950 |
| | $ | 38,488 |
| | $ | 49,648 |
| | | | | | | | | | Weighted average common shares outstanding, basic | | 18,437 |
| | 19,571 |
| | 18,646 |
| | 19,870 |
| Dilutive effect of stock options and restricted shares | | 1,167 |
| | 1,098 |
| | 1,176 |
| | 960 |
| | | | | | | | | | Weighted average common shares outstanding, diluted | | 19,604 |
| | 20,669 |
| | 19,822 |
| | 20,830 |
| | | | | | | | | | Earnings per share: | | | | | | | | | Basic | | $ | 1.08 |
| | $ | 2.35 |
| | $ | 2.06 |
| | $ | 2.50 |
| | | | | | | | | | Diluted | | $ | 1.02 |
| | $ | 2.22 |
| | $ | 1.94 |
| | $ | 2.38 |
|
|