Natural Health Trends Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER COMMON SHARE NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE NET INCOME PER COMMON SHARE

9 Months Ended

Sep. 30, 2017

NET INCOME PER COMMON SHARE

Diluted net income per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. The dilutive effect of non-vested restricted stock is reflected by application of the treasury stock method. Under the treasury stock method, the amount of compensation cost for future service that the Company has not yet recognized and the amount of tax benefit that would be recorded in additional paid-in capital when the award becomes deductible are assumed to be used to repurchase shares.

The following tables illustrate the computation of basic and diluted net income per common share for the periods indicated (in thousands, except per share data):



	Three Months Ended September 30,
	2017					2016
	Income (Numerator)		Shares (Denominator)	Per Share Amount		Income (Numerator)		Shares (Denominator)	Per Share Amount
Basic net income per common share:
Net income available to common stockholders	$	7,338	11,258	$	0.65	$	12,557	11,209	$	1.12
Effect of dilutive securities:
Non-vested restricted stock	—		18			—		23
Diluted net income per common share:
Net income available to common stockholders plus assumed conversions	$	7,338	11,276	$	0.65	$	12,557	11,232	$	1.12



	Nine Months Ended September 30,
	2017					2016
	Income (Numerator)		Shares (Denominator)	Per Share Amount		Income (Numerator)		Shares (Denominator)	Per Share Amount
Basic net income per common share:
Net income available to common stockholders	$	28,066	11,244	$	2.50	$	36,038	11,437	$	3.15
Effect of dilutive securities:
Non-vested restricted stock	—		25			—		26
Diluted net income per common share:
Net income available to common stockholders plus assumed conversions	$	28,066	11,269	$	2.49	$	36,038	11,463	$	3.14