The following table (in thousands, except per share amounts) sets forth the computation of basic and diluted net income per share attributable to Arabian American Development Co. for the three and six months ended June 30, 2013, and 2012, respectively.
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Three Months Ended |
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Three Months Ended
June 30, 2013
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June 30, 2012
(restated)
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Per Share |
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Per Share |
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Income |
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Shares |
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Amount |
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Income |
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Shares |
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Amount |
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Basic Net Income per Share: |
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Net Income Attributable to Arabian American Development Co. |
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$ |
6,309 |
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24,110 |
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$ |
0.26 |
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$ |
3,472 |
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24,084 |
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$ |
0.14 |
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Dilutive stock options outstanding |
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542 |
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677 |
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Diluted Net Income per Share: |
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Net Income Attributable to Arabian American Development Co. |
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$ |
6,309 |
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24,652 |
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$ |
0.26 |
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$ |
3,472 |
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24,761 |
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$ |
0.14 |
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Six Months Ended |
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Six Months Ended
June 30, 2013
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June 30, 2012
(restated)
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Per Share |
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Per Share |
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Income |
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Shares |
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Amount |
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Income |
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Shares |
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Amount |
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Basic Net Income per Share: |
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Net Income Attributable to Arabian American Development Co. |
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$ |
11,095 |
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24,108 |
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$ |
0.46 |
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$ |
5,467 |
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24,064 |
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$ |
0.23 |
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Dilutive stock options outstanding |
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547 |
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698 |
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Diluted Net Income per Share: |
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Net Income Attributable to Arabian American Development Co. |
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$ |
11,095 |
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24,655 |
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$ |
0.45 |
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$ |
5,467 |
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24,762 |
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$ |
0.22 |
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