Earnings Per Share

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Earnings per share was calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per-share amounts)	2017		2016		2017		2016
BASIC
Net income attributable to Universal Electronics Inc.	$	4,684	$	6,590	$	4,803	$	9,311
Weighted-average common shares outstanding	14,404		14,440		14,427		14,406
Basic earnings per share attributable to Universal Electronics Inc.	$	0.33	$	0.46	$	0.33	$	0.65
DILUTED
Net income attributable to Universal Electronics Inc.	$	4,684	$	6,590	$	4,803	$	9,311
Weighted-average common shares outstanding for basic	14,404		14,440		14,427		14,406
Dilutive effect of stock options and restricted stock	279		295		273		280
Weighted-average common shares outstanding on a diluted basis	14,683		14,735		14,700		14,686
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.32	$	0.45	$	0.33	$	0.63

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 June 30,		Six Months Ended June 30,
(In thousands)	2017	2016	2017	2016
Stock options	165	78	147	167
Restricted stock awards	—	1	29	10