Note 8 - Earnings Per Share

6 Months Ended

Jun. 30, 2018

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,
	2018		2017		2018		2017
Weighted average number of shares used in computation of basic earnings per share		50,623		49,771		50,618		49,726
Add:
Additional shares from the assumed exercise of employee stock options		335		853		383		833
Weighted average number of shares used in computation of diluted earnings per share		50,958		50,624		51,001		50,559

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

232,925

and

2,363

for the

three

months ended

June 30, 2018

and

2017,

respectively, and

223,708

and

2,430

for the

six

months ended

June 30, 2018

and

2017,

respectively.