Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 10,980 $ 7,208 $ 20,070 $ 12,383
Cost of sales 2,884 1,977 5,283 3,506
Gross profit 8,096 5,231 14,787 8,877
Operating expenses:        
Distributor commissions 4,886 2,714 8,577 4,476
Selling, general and administrative expenses (including stock-based compensation expense of $21 and $20 during the three months ended June 30, 2011 and 2012, respectively, and $35 and $40 during the six months ended June 30, 2011 and 2012, respectively) 2,313 1,836 4,750 3,866
Depreciation and amortization 8 26 20 258
Total operating expenses 7,207 4,576 13,347 8,600
Income from operations 889 655 1,440 277
Other income (expense), net 2 26 (61) (69)
Income before income taxes 891 681 1,379 208
Income tax provision 45 13 26 20
Net income 846 668 1,353 188
Plus: Net loss attributable to the noncontrolling interest   1   9
Net income attributable to Natural Health Trends 846 669 1,353 197
Preferred stock dividends (4) (4) (8) (8)
Net income attributable to common stockholders of Natural Health Trends $ 842 $ 665 $ 1,345 $ 189
Income per share of Natural Health Trends – basic and diluted (in Dollars per share) $ 0.08 $ 0.06 $ 0.12 $ 0.02
Weighted-average number of shares outstanding:        
Basic (in Shares) 10,919 10,675 10,891 10,655
Diluted (in Shares) 11,219 10,706 11,208 10,659