Note 8 - Earnings Per Share

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Weighted average number of shares used in computation of basic earnings per share		50,367		49,599		49,942		49,410
Add:
Additional shares from the assumed exercise of employee stock options		500		690		727		687
Weighted average number of shares used in computation of diluted earnings per share		50,867		50,289		50,669		50,097

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

8,851

and

225,191

for the

three

months ended

September 30, 2017

and

2016,

respectively, and

6,494

and

116,641

for the

nine

months ended

September 30, 2017

and

2016,

respectively.