Note 8 - Earnings Per Share

6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

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 June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Weighted average number of shares used in computation of basic earnings per share		49,771		49,456		49,726		49,314
Add:
Additional shares from the assumed exercise of employee stock options		853		681		833		663
Weighted average number of shares used in computation of diluted earnings per share		50,624		50,137		50,559		49,977

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

2,363

and

135,875

for the

three

months ended

June 30, 2017

and

2016,

respectively, and

2,430

and

224,116

for the

six

months ended

June 30, 2017

and

2016,

respectively.