InfuSystem Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share

6 Months Ended

Jun. 30, 2014

7.	Earnings Per Share

Basic income per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted income per share assumes the issuance of potentially dilutive shares of common stock during the period. The following table reconciles the numerators and denominators of the basic and diluted income per share computations:


	Three Months Ended				Six Months Ended
	June 30				June 30
	2014		2013		2014		2013
Numerator:
Net income (in thousands)	$	886	$	105	$	1,469	$	156
Denominator:
Weighted average common shares outstanding:
Basic		22,146,106		21,860,866		22,059,902		21,831,852
Dilutive effect of non-vested awards		253,328		154,633		261,241		220,299

Diluted		22,399,434		22,015,499		22,321,143		22,052,151
Net income per share:
Basic	$	0.04	$	—	$	0.07	$	0.01
Diluted	$	0.04	$	—	$	0.07	$	0.01

For the three and six months ended June 30, 2014, vested stock options of 0.1 million were not included in the calculation because they were not in-the-money.