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Net Income Per Share Attributable to Cooper-Standard Holdings Inc.
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Net Income Per Share Attributable to Cooper-Standard Holdings Inc.
Net Income Per Share Attributable to Cooper-Standard Holdings Inc.
Basic net income per share attributable to Cooper-Standard Holdings Inc. was computed by dividing net income attributable to Cooper-Standard Holdings Inc. by the weighted average number of shares of common stock outstanding during the period. Diluted net income per share attributable to Cooper-Standard Holdings Inc. was computed using the treasury stock method by dividing diluted net income available to Cooper-Standard Holdings Inc. by the weighted average number of shares of common stock outstanding, including the dilutive effect of common stock equivalents, using the average share price during the period.
Information used to compute basic and diluted net income per share attributable to Cooper-Standard Holdings Inc. was as follows:
 
Year Ended December 31,
 
2017
 
2016
 
2015
Net income attributable to Cooper-Standard Holdings Inc.
$
135,303

 
$
138,988

 
$
111,880

Increase in fair value of share-based awards

 
63

 
48

Diluted net income available to Cooper-Standard Holdings Inc. common stockholders
$
135,303

 
$
139,051

 
$
111,928

 
 
 
 
 
 
Basic weighted average shares of common stock outstanding
17,781,272

 
17,459,710

 
17,212,607

Dilutive effect of common stock equivalents
995,381

 
1,270,668

 
1,202,387

Diluted weighted average shares of common stock outstanding
18,776,653

 
18,730,378

 
18,414,994

 
 
 
 
 
 
Basic net income per share attributable to Cooper-Standard Holdings Inc.
$
7.61

 
$
7.96

 
$
6.50

 
 
 
 
 
 
Diluted net income per share attributable to Cooper-Standard Holdings Inc.
$
7.21

 
$
7.42

 
$
6.08


Approximately 2,000 securities were excluded from the calculation of diluted earnings per share for the year ended December 31, 2017, because the inclusion of such securities in the calculation would have been anti-dilutive. There were no anti-dilutive securities during the years ended December 31, 2016 and 2015.