XML 50 R15.htm IDEA: XBRL DOCUMENT v3.3.0.814
Note 8 - Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

NOTE 8 — EARNINGS PER SHARE


Basic earnings per share attributable to the Company’s stockholders is computed by dividing net income or loss attributable to the Company’s stockholders by the weighted average number of shares of common stock outstanding for the period. The Company does not have any equity instruments that are dilutive, except for employee stock-based awards.


The table below shows the reconciliation of the number of shares used in the computation of basic and diluted earnings per share:


   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 
   

2015

   

2014

   

2015

   

2014

 
                                 

Weighted average number of shares used in computation of basic earnings per share

    49,023       45,690       48,388       45,594  

Add:

                               

Additional shares from the assumed exercise of employee stock options

    2,090       412       1,626       323  
                                 

Weighted average number of shares used in computation of diluted earnings per share

    51,113       46,102       50,014       45,917  

The number of stock-based awards that could potentially dilute future earnings per share and that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive was 341,946 and 3,344,331 for the three months ended September 30, 2015 and 2014, respectively, and 600,169 and 3,257,456 for the nine months ended September 30, 2015 and 2014, respectively.