CTI Industries Corporation Just Filed Its Quarterly Report: Earnings per share: ...

Earnings per share:
 
Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding during 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.
 
As of
September 30, 2019,
and
2018,
shares to be issued upon the exercise of options and warrants aggregated
471,000
and
471,000,
respectively. The number of shares included in the determination of earnings on a diluted basis for the
three
months ended
September 30, 2019
and
2018
were
25,000
and
25,000,
respectively. For the
nine
months ended
September 30, 2019
and
2018,
the same share disclosure was
25,000
and
25,000,
respectively.

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

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