EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2014

EARNINGS PER SHARE

EARNINGS PER SHARE

13. EARNINGS PER SHARE

        The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2012, 2013 and 2014:

	For the years ended December 31,
	2012		2013		2014
Basic earnings per share:
Net income attributable to Taomee Holdings Limited—basic and diluted	$	8,861,867	$	5,441,260	$	1,006,457
Weighted average ordinary shares outstanding—basic		731,303,362		733,333,891		712,973,565
Basic earnings per share	$	0.01	$	0.01	$	0.001
Diluted earnings per share:
Net income attributable to Taomee Holdings Limited—basic and diluted	$	8,861,867	$	5,441,260	$	1,006,457
Weighted average ordinary shares outstanding—basic		731,303,362		733,333,891		712,973,565
Stock options		22,230,137		13,198,221		6,879,075
Weighted average ordinary shares outstanding—diluted		753,533,499		746,532,112		719,852,640
Diluted earnings per share	$	0.01	$	0.01	$	0.001

        For the years ended December 31, 2012, 2013 and 2014, the Group had securities which could potentially dilute basic earnings per share in the future, but were excluded from the computation of diluted earnings per share as their effects would have been anti-dilutive. Such securities consisted of the following:

	For the years ended December 31,
	2012		2013		2014
Options		21,425,000		12,520,000		10,970,000
Non-vested restricted shares		8,649,648		3,525,010		3,860,000
Total		30,074,648		16,045,010		14,830,000