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Note 6 - Basic and Diluted Net Loss Per Share
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note
6
.
Basic and Diluted
Net
Loss
p
er Share
 
Basic net loss per share attributable to Avalon Holdings Corporation common shareholders is computed by dividing the net loss by the weighted average number of common shares outstanding, which were
3,803,331
for each period.
 
Diluted net income (loss) per share attributable to Avalon Holdings Corporation common shareholders is computed by dividing net income (loss) by the weighted average number of common shares outstanding plus any weighted common equivalent shares determined to be outstanding during the period using the treasury method. The weighted common equivalent shares included in the calculation are related to stock options granted by Avalon where the weighted average market price of Avalon’s common stock for the period presented is greater than the option exercise price of the stock option.
 
For the
three
months ended
March
31,
2017
and
2016,
the diluted per share amounts reported are equal to basic per share amounts because Avalon was in a net loss position and as a result, such dilution would be considered anti-dilutive. Assuming dilution, the weighted average number of common shares outstanding for the
three
months ended
March
31,
2017
and
2016
was
3,891,089
and
3,803,331,
respectively. For the
three
months ended
March
31,
2016,
the diluted shares are equal to the basic shares because the average market price of Avalon’s common shares during the period was less than the exercise price of the stock options outstanding.