Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Common Share

The following table sets forth the computation of basic and diluted net income per common share:

	(Unaudited)					(Unaudited)
	Three Months Ended June 30,					Six Months Ended June 30,
	2013			2012		2013			2012
Net (loss) income to QKL Stores, Inc. for computing basic net income per share	$	(1,454,211	)	$	9,611	$	(1,050,941	)	$	840,212
Undistributed earnings allocated to Series A Convertible Preferred Stock		-			1,416		-			123,805
Net (loss) income attributable to ordinary shareholders for computing basic net (loss) income per ordinary share	$	(1,454,211	)	$	8,195	$	(1,050,941	)	$	716,407
Weighted-average shares of common stock outstanding
Basic		1,522,326			1,312,531		1,516,140			1,309,296
Dilutive shares:
Conversion of series A convertible preferred stock		22,059			230,773		28,043			234,023
Dilutive effect of stock warrants and options		-			-		-			-
Anti-dilutive effect of preferred stock		(22,059	)		-		(28,043	)		-
Diluted		1,522,326			1,543,304		1,476,735			1,543,319
Basic earnings per share	$	(0.955	)	$	0.006	$	(0.693	)	$	0.547
Diluted earnings per share	$	(0.955	)	$	0.006	$	(0.693	)	$	0.544