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

9 Months Ended

Sep. 30, 2016

9.	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				Nine Months Ended
	September 30				September 30
	2016		2015		2016		2015
			(Restated)				(Restated)
Numerator:
Net income (in thousands)	$	56	$	1,138	$	250	$	1,260
Denominator:
Weighted average common shares outstanding:
Basic		22,620,386		22,448,849		22,614,203		22,380,202
Dilutive effect of non-vested awards		375,257		389,522		445,591		389,513

Diluted		22,995,643		22,838,371		23,059,794		22,769,715
Net income per share:
Basic	$	0.00	$	0.05	$	0.01	$	0.06
Diluted	$	0.00	$	0.05	$	0.01	$	0.06

For the three and nine months ended September 30, 2016, less than 0.1 million of stock options were not included in the calculation because they would have an anti-dilutive effect, compared to 0.1 million for the same prior year periods.