Per Share Amounts

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 2. Per Share Amounts

The following table sets forth the computation of basic and diluted earnings per share for the three and nine month periods ended September 30, 2015 and 2014:

	Three Months ended September 30,				Nine Months ended September 30,
	2015		2014		2015		2014
Net income (loss) attributable to American Shared Hospital Services	$	43,000	$	13,000	$	(1,799,000)	$	(1,010,000)
Weighted average common shares for basic earnings per share		5,494,000		5,261,000		5,485,000		4,858,000
Diluted effect of stock options and restricted stock		22,000		43,000		-		-
Weighted average common shares for diluted earnings per share		5,516,000		5,304,000		5,485,000		4,858,000
Basic earnings (loss) per share	$	0.01	$	0.00	$	(0.33)	$	(0.21)
Diluted earnings (loss) per share	$	0.01	$	0.00	$	(0.33)	$	(0.21)

Pursuant to GAAP, potentially dilutive common stock equivalents, such as dilutive stock options, are not considered when their inclusion in reporting earnings per share would be dilutive to reported losses incurred per share. Because the Company reported a loss for the nine month period ended September 30, 2015, the potentially dilutive effects of approximately 25,000 of the Company’s stock options, 200,000 warrants, and 7,000 unvested restricted stock units were not considered for the reporting period. Because the Company reported a loss for the nine month period ended September 30, 2014, the potentially dilutive effects of approximately 38,000 of the Company’s stock options and 8,000 unvested restricted stock units were not considered for the reporting period.