Note 2. Income Per Common Share

9 Months Ended

Sep. 30, 2016

Notes

Note 2. Income Per Common Share

Note 2.                        Income Per Common Share

Diluted earnings per share was computed using the treasury stock method and includes incremental common shares, primarily from the dilutive effect of share-based payment awards, amounting to 220,000 and 213,000 shares for the three months and nine months ended September 30, 2016, respectively; and 165,000 shares for both the three months and nine months ended September 30, 2015, respectively.

The following is a reconciliation of income available to common shareholders used to calculate income per share for the periods indicated (in thousands):

		Three Months Ended				Nine Months Ended
		September 30				September 30
		2016		2015		2016		2015
Income from continuing operations	$	4,366	$	14,159	$	14,757	$	24,082
Less:  Income from continuing operations attributable to
noncontrolling interests		(43)		(82)		(348)		(277)
Income from continuing operations attributable to IHC
common shareholders	$	4,323	$	14,077	$	14,409	$	23,805
Income (loss) from discontinued operations	$	-	$	729	$	109,912	$	1,293
Less:  (Income) loss from discontinued operations attributable to
noncontrolling interests		-		(46)		(9,552)		(87)
Income (loss) from discontinued operations attributable to
IHC common shareholders	$	-	$	683	$	100,360	$	1,206