XML 32 R22.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Share
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Earnings per share was calculated as follows:
 
Three Months Ended March 31,
(In thousands, except per-share amounts)
2016
 
2015
BASIC
 
 
 
Net income attributable to Universal Electronics Inc.
$
2,721

 
$
5,189

Weighted-average common shares outstanding
14,373

 
15,907

Basic earnings per share attributable to Universal Electronics Inc.
$
0.19

 
$
0.33

 
 
 
 
DILUTED
 
 
 
Net income attributable to Universal Electronics Inc.
$
2,721

 
$
5,189

Weighted-average common shares outstanding for basic
14,373

 
15,907

Dilutive effect of stock options and restricted stock
264

 
336

Weighted-average common shares outstanding on a diluted basis
14,637

 
16,243

Diluted earnings per share attributable to Universal Electronics Inc.
$
0.19

 
$
0.32


The number of stock options and shares of restricted stock excluded from the computation of diluted earnings per common share were as follows:
 
Three Months Ended March 31,
(In thousands)
2016
 
2015
Stock options
256

 
40

Restricted stock awards
20

 
16