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

Earnings per share:
 
Basic earnings per share is computed by dividi ng 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
June 30, 2020
and
2019,
shares to be issued upon the exercise of options and warrants aggregated
792,660
 and
471,144,
respectively. The number of shares included in the determination of earnings on a diluted basis for the
three
months ended
June 30, 2020
and
2019
were
none
,
as doing so would have been anti-dilutive.

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

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