CTI Industries Corporation Just Filed Its Annual Report: 18.   Earnings Per S...

18.
   Earnings Per Share
 
Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding du ring each period.
 
Diluted earnings per share is computed by dividing the net income by the weighted average number of shares of common stock and equivalents (stock options and warrants), unless anti-dilutive, during each period.
 
Consolidated Earnings per Share
 
   
Year Ended December 31,
 
   
2018
   
2017
 
Basic
 
 
 
 
 
 
 
 
Average shares outstanding:
               
Weighted average number of shares outstanding during the period
   
3,578,885
     
3,568,885
 
                 
Earnings:
 
 
 
 
 
 
 
 
Net (loss)/income attributable to CTI Industries Corporation
  $
(3,585,709
)   $
(1,603,103
)
                 
Amount for per share Computation
  $
(3,585,709
)   $
(1,603,103
)
                 
Net (loss)/income per share applicable to Common Shares
  $
(1.00
)   $
(0.45
)
                 
                 
Diluted
 
 
 
 
 
 
 
 
Average shares outstanding:
   
3,578,885
     
3,568,885
 
Weighted averages shares Outstanding Common stock equivalents (options, warrants)
   
-
     
47,359
 
                 
Weighted average number of shares outstanding during the period
   
3,578,885
     
3,616,244
 
                 
Earnings:
 
 
 
 
 
 
 
 
Net (loss)/income attributable to CTI Industries Corporation
  $
3,585,709
)   $
(1,603,103
)
                 
Amount for per share computation
  $
(3,585,709
)   $
(1,603,103
)
                 
Net (loss)/ income per share applicable to Common Shares
  $
(1.00
)   $
(0.44
)
 

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

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