Income per share (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

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

The calculation of basic and diluted income per share attributable to the parent company for the three months ended September 30, 2015 and 2014, was (figures are in thousands of USD, except share and per share amounts):

	Three Months Ended September 30,
	2015		2014
Numerator:
Net income attributable to the parent company’s common shareholders – Basic and Diluted	$	4,288	$	6,733
Denominator:
Weighted average shares outstanding		32,121,019		28,043,019
Dilutive effects of stock options		13,820		20,642
Denominator for dilutive income per share – Diluted		32,134,839		28,063,661
Net income per share attributable to parent company’s common shareholders – Basic	$	0.13	$	0.24
Net income per share attributable to parent company’s common shareholders – Diluted	$	0.13	$	0.24

The calculation of basic and diluted income per share attributable to the parent company for the nine months ended September 30, 2015 and 2014, were (figures are in thousands of USD , except share and per share amounts):

	Nine Months Ended
	September 30,
	2015		2014
Numerator:
Net income attributable to the parent company’s common shareholders – Basic and Diluted	$	20,456	$	24,514
Denominator:
Weighted average shares outstanding		32,121,019		28,043,019
Dilutive effects of stock options		14,984		20,827
Denominator for dilutive income per share – Diluted		32,136,003		28,063,846
Net income per share attributable to parent company’s common shareholders – Basic	$	0.64	$	0.87
Net income per share attributable to parent company’s common shareholders – Diluted	$	0.64	$	0.87