NATURAL HEALTH TRENDS CORP Just Filed Its Quarterly Report: NET INCOME PER COMMO...

NET INCOME PER COMMON SHARE


Diluted net income per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. The dilutive effect of non-vested restricted stock is reflected by application of the treasury stock method. Under the treasury stock method, the amount of compensation cost for future service that the Company has not yet recognized and the amount of tax benefit that would be recorded in additional paid-in capital when the award becom es deductible are assumed to be used to repurchase shares.

The following tables illustrates the computation of basic and diluted net income per common share for the periods indicated (in thousands, except per share data): 
 
Three Months Ended March 31,
 
2017
 
2016
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share Amount
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share Amount
Basic net income per common share:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
$
10,425

 
11,229

 
$
0.93

 
$
11,280

 
11,773

 
$
0.96

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Non-vested restricted stock

 
22

 
 

 

 
44

 
 

Diluted net income per common share:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common stockholders plus assumed conversions
$
10,425

 
11,251

 
$
0.93

 
$
11,280

 
11,817

 
$
0.95

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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