NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2015, and 2014, respectively.

	Three Months Ended June 30, 2015						Three Months Ended June 30, 2014
					Per Share						Per Share
	Income		Shares		Amount		Income		Shares		Amount
Basic Net Income per Share:
Net Income Attributable to Trecora Resources	$	6,374		24,354	$	0.26	$	5,000		24,165	$	0.21
Unvested restricted stock grant				148						-
Dilutive stock options outstanding				653						648
Diluted Net Income per Share:
Net Income Attributable to Trecora Resources	$	6,374		25,155	$	0.25	$	5,000		24,813	$	0.20

	Six Months Ended June 30, 2015						Six Months Ended June 30, 2014
					Per Share						Per Share
	Income		Shares		Amount		Income		Shares		Amount
Basic Net Income per Share:
Net Income Attributable to Trecora Resources	$	12,158		24,331	$	0.50	$	7,599		24,158	$	0.32
Unvested restricted stock grant				133
Dilutive stock options outstanding				686						708
Diluted Net Income per Share:
Net Income Attributable to Trecora Resources	$	12,158		25,150	$	0.48	$	7,599		24,866	$	0.31

At June 30, 2015, and 2014, 1,497,771 and 662,068 potential common stock shares, respectively were issuable upon the exercise of options and warrants.

The earnings per share calculations for the periods ended June 30, 2015, and 2014, include 300,000 shares of the Company that are held in the treasury of TOCCO.