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6. Earnings Per Share of Common Stock
 12 Months Ended
Dec. 31, 2012
Earnings Per Share [Text Block]

6. EARNINGS PER SHARE OF COMMON STOCK


The following is a reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share computations:


    For the year ended December 31,  
    2012     2011     2010  
    US$     US$     US$  
Net income (loss) attributable to Feihe International, Inc. shareholders                        
- continuing operations     21,162,301       4,504,572       (3,084,002 )
- discontinued operations, net of tax     —       (5,705,228 )     (6,499,869 )
Net income (loss) attributable to Feihe International, Inc. shareholders     21,162,301       (1,200,656 )     (9,583,871 )
Settlement of redeemable common stock     —       1,033,738       —  
Deemed dividend on redeemable common stock     —       —       (1,086,622 )
      21,162,301       (166,918 )     (10,670,493 )
                         
Net income (loss) attributable to Feihe International, Inc. shareholders allocated for computing net income (loss) per common stock - Basic                        
- continuing operations     20,781,743       5,067,060       (3,973,681 )
- discontinued operations, net of tax     —       (5,163,449 )     (5,439,224 )
Net income (loss) attributable to Feihe International, Inc. allocated for computing net (loss) income per share of common stock - Basic     20,781,743       (96,389 )     (9,412,905 )
Net income (loss) attributable to Feihe International, Inc. allocated for computing net income (loss) per redeemable common stock - Basic                        
- continuing operations     380,558       471,250       555,728  
- discontinued operations, net of tax     —       (541,779 )     (726,694 )
Net income (loss) attributable to Feihe International, Inc. allocated for computing net income (loss) per share of redeemable common stock - Basic     380,558       (70,529 )     (170,966 )
Net income (loss) attributable to Feihe International, Inc. for computing net income (loss) per common stock - Diluted                        
- continuing operations     20,781,743       5,067,060       (3,973,681 )
- discontinued operations, net of tax     —       (5,163,449 )     (5,439,224 )
Net income (loss) attributable to Feihe International, Inc. for computing net income per common stock - Diluted     20,781,743       (96,389 )     (9,412,905 )
                         
Net income (loss) attributable to Feihe International, Inc. for computing net income (loss) per redeemable common stock - Diluted                        
- continuing operations     380,558       471,250       555,728  
- discontinued operations, net of tax     —       (541,779 )     (726,694 )
Net income (loss) attributable to Feihe International, Inc. allocated for computing net income (loss) per share of redeemable common stock - Diluted     380,558       (70,529 )     (170,966 )
                         
Weighted-average common stock outstanding used in computing net income (loss) per share of common stock - Basic     19,756,559       19,688,551       19,647,844  
Weighted-average common stock outstanding used in computing net income (loss) per share of common stock - Diluted     19,756,559       19,688,551       19,647,844  
Weighted-average shares of redeemable common stock outstanding used in computing net income (loss) per share of redeemable common stock - Basic     824,380       2,065,839       2,625,000  
Weighted-average shares of redeemable common stock outstanding used in computing net income (loss) per share of redeemable common stock - Diluted     824,380       2,065,839       2,625,000  
                         
Net income (loss) per share of common stock - Basic                        
- continuing operations     1.05       0.26       (0.20 )
- discontinued operations, net of tax     —       (0.26 )     (0.28 )
Net income (loss) attributable to Feihe International, Inc.     1.05       —       (0.48 )
                         
Net income (loss) per share of common stock - Diluted                        
- continuing operations     1.05       0.26       (0.20 )
- discontinued operations, net of tax     —       (0.26 )     (0.28 )
Net income (loss) attributable to Feihe International, Inc.     1.05       —       (0.48 )
                         
Net income (loss) per share of redeemable common stock - Basic                        
- continuing operations     0.46       0.23       0.21  
- discontinued operations, net of tax     —       (0.26 )     (0.28 )
Net income (loss) attributable to redeemable common stock - Basic     0.46       (0.03 )     (0.07 )
                         
Net income (loss) per share of redeemable common stock - Diluted                        
- continuing operations     0.46       0.23       0.21  
- discontinued operations, net of tax     —       (0.26 )     (0.28 )
Net income (loss) attributable to redeemable common stock - Diluted     0.46       (0.03 )     (0.07 )

For the years ended December 31, 2012, 2011 and 2010, 1,006,000, 1,446,000 and 856,245 shares of the Company’s stock option, and nil, 237,937 and 237,937 warrants, respectively, were excluded from the calculation of diluted earnings per share because they were anti-dilutive.