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NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES
 9 Months Ended
Sep. 30, 2016
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES [Abstract]  
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES
9. 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, 2016, and 2015, respectively.

  
Three Months Ended
September 30, 2016 (restated)
  
Three Months Ended
September 30, 2015
 
        
Per Share
        
Per Share
 
  
Income
  
Shares
  
Amount
  
Income
  
Shares
  
Amount
 
Basic Net Income per Share:
                  
Net Income Attributable to Trecora Resources
 
$
2,799
   
24,223
  
$
0.12
  
$
5,318
   
24,369
  
$
0.22
 
                         
Unvested restricted stock grant
      
304
           
148
     
Dilutive stock options outstanding
      
394
           
711
     
                         
Diluted Net Income per Share:
                        
Net Income Attributable to Trecora Resources
 
$
2,799
   
24,921
  
$
0.11
  
$
5,318
   
25,228
  
$
0.21
 
 
  
Nine Months Ended
September 30, 2016 (restated)
  
Nine Months Ended
September 30, 2015
 
        
Per Share
        
Per Share
 
  
Income
  
Shares
  
Amount
  
Income
  
Shares
  
Amount
 
Basic Net Income per Share:
                  
Net Income Attributable to Trecora Resources
 
$
20,275
   
24,304
  
$
0.83
  
$
17,476
   
24,344
  
$
0.72
 
                         
Unvested restricted stock grant
      
297
           
138
     
Dilutive stock options outstanding
      
363
           
694
     
                         
Diluted Net Income per Share:
                        
Net Income Attributable to Trecora Resources
 
$
20,275
   
24,964
  
$
0.81
  
$
17,476
   
25,176
  
$
0.69
 

At September 30, 2016, and 2015, 1,348,437 and 1,497,771 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, 2016, and 2015, include 284,011 and 300,000 shares of the Company, respectively that are held in the treasury.  In June 2016 these 300,000 shares previously owned by TOCCO were transferred up to the Company at cost to be held in treasury for future issuances.