Note 8 - Earnings Per Share

3 Months Ended

Mar. 31, 2019

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 (in thousands):

	Three Months Ended March 31,
	2019		2018
Weighted average number of shares used in computation of basic earnings per share		50,709		50,614
Add:
Additional shares from the assumed exercise of employee stock options		303		437
Weighted average number of shares used in computation of diluted earnings per share		51,012		51,051

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

249,908

and

62,409

for the

three

months ended

March 31, 2019

and

2018,

respectively.