Income Per Share (Tables)

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The calculations of basic and diluted income per share attributable to the parent company were (figures are in thousands of USD):

	Year Ended December 31,
	2014		2013
Numerator:
Net income attributable to the parent company’s common shareholders – Basic and Diluted	$	33,542	26,789
Denominator:
Weighted average ordinary shares outstanding – Basic		29,062,519	28,043,019
Dilutive effects of stock options		20,290	13,125
Denominator for dilutive income per share – Diluted		29,082,809	28,056,144
Net income per share attributable to the parent company’s common shareholders
Basic		1.15	0.96
Diluted		1.15	0.95