Income Per Share

9 Months Ended

Sep. 30, 2016

Income Per Share [Abstract]

Income Per Share

9. Income Per Share

The following table presents a reconciliation between basic and diluted earnings per share:

	Three Months Ended				Nine Months Ended
		September 30, 2016		September 30, 2015		September 30, 2016		September 30, 2015
Numerator:
Net income attributable to IntriCon shareholders	$	(1,304)	$	628	$	(2,779)	$	1,418
Denominator:
Basic – weighted shares outstanding		6,796		5,943		6,287		5,873
Weighted shares assumed upon exercise of stock options		-		328		-		341
Diluted – weighted shares outstanding		6,796		6,271		6,287		6,214
Net income (loss) per share attributable to IntriCon shareholders:
Basic	$	(0.19)	$	0.11	$	(0.44)	$	0.24
Diluted		(0.19)		0.10		(0.44)		0.23

The dilutive impact summarized above relates to the periods when the average market price of Company stock exceeded the exercise price of the potentially dilutive option securities granted. Earnings per common share was based on the weighted average number of common shares outstanding during the periods when computing the basic earnings per share. When dilutive, stock options are included as equivalents using the treasury stock method when computing the diluted earnings per share. Individual components of basic and diluted income (loss) per share may not sum to the total income (loss) per share due to rounding.

Excluded from the computation of diluted earnings per share for the three and nine months ended September 30, 2016 were outstanding in the money options to purchase approximately 73 and 161 common shares, respectively, because the effect would have been anti-dilutive due to the Company’s net loss in the period.