NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

3 Months Ended

Mar. 31, 2015

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES [Abstract]

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

7. NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

The following table (in thousands, except per share amounts) sets forth the computation of basic and diluted net income per share attributable to Trecora Resources for the three months ended March 31, 2015, and 2014, respectively.

	Three Months Ended March 31, 2015						Three Months Ended March 31, 2014
					Per Share						Per Share
	Income		Shares		Amount		Income		Shares		Amount
Basic Net Income per Share:
Net Income Attributable to Trecora Resources	$	5,784		24,309	$	0.24	$	2,599		24,151	$	0.11
Unvested restricted stock grant				118						-
Dilutive stock options outstanding				717						767
Diluted Net Income per Share:
Net Income Attributable to Trecora Resources	$	5,784		25,144	$	0.23	$	2,599		24,918	$	0.10

At March 31, 2015, and 2014, 1,527,091 and 619,568 potential common stock shares, respectively were issuable upon the exercise of options and warrants.

The earnings per share calculations for the periods ended March 31, 2015, and 2014, include 300,000 shares of the Company that are held in the treasury of TOCCO.