NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

9 Months Ended

Sep. 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 nine months ended September 30, 2015, and 2014, respectively.

	Three Months Ended September 30, 2015						Three Months Ended September 30, 2014
					Per Share						Per Share
	Income		Shares		Amount		Income		Shares		Amount
Basic Net Income per Share:
Net Income Attributable to Trecora Resources	$	5,318		24,369	$	0.22	$	5,774		24,175	$	0.24
Unvested restricted stock grant				148						-
Dilutive stock options outstanding				711						705
Diluted Net Income per Share:
Net Income Attributable to Trecora Resources	$	5,318		25,228	$	0.21	$	5,774		24,880	$	0.23

	Nine Months Ended September 30, 2015						Nine Months Ended September 30, 2014
					Per Share						Per Share
	Income		Shares		Amount		Income		Shares		Amount
Basic Net Income per Share:
Net Income Attributable to Trecora Resources	$	17,476		24,344	$	0.72	$	13,373		24,163	$	0.55
Unvested restricted stock grant				138
Dilutive stock options outstanding				694						707
Diluted Net Income per Share:
Net Income Attributable to Trecora Resources	$	17,476		25,176	$	0.69	$	13,373		24,870	$	0.54

At September 30, 2015, and 2014, 1,497,771 and 1,560,540 potential common stock shares, respectively were issuable upon the exercise of options and warrants.

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