Earnings Per Share

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Earnings per share was calculated as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except per-share amounts)	2017		2016		2017		2016
BASIC
Net income attributable to Universal Electronics Inc.	$	1,728	$	7,807	$	6,531	$	17,118
Weighted-average common shares outstanding	14,381		14,510		14,412		14,441
Basic earnings per share attributable to Universal Electronics Inc.	$	0.12	$	0.54	$	0.45	$	1.19
DILUTED
Net income attributable to Universal Electronics Inc.	$	1,728	$	7,807	$	6,531	$	17,118
Weighted-average common shares outstanding for basic	14,381		14,510		14,412		14,441
Dilutive effect of stock options, restricted stock and common stock warrants	285		338		277		299
Weighted-average common shares outstanding on a diluted basis	14,666		14,848		14,689		14,740
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.12	$	0.53	$	0.44	$	1.16

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 September 30,		Nine Months Ended September 30,
(In thousands)	2017	2016	2017	2016
Stock options	165	—	153	111
Restricted stock awards	30	5	30	8