Net Income Per Common Share |
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 nine months ended September 30, 2013, and 2012, respectively.
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Three Months Ended |
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Three Months Ended
September 30, 2013
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September 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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$ |
5,221 |
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24,116 |
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$ |
0.22 |
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$ |
3,004 |
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24,091 |
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$ |
0.13 |
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Dilutive stock options outstanding |
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666 |
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662 |
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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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$ |
5,221 |
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24,782 |
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$ |
0.21 |
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$ |
3,004 |
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24,753 |
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$ |
0.12 |
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Nine Months Ended |
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Nine Months Ended
September 30, 2013
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September 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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$ |
16,315 |
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24,110 |
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$ |
0.68 |
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$ |
8,471 |
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24,073 |
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$ |
0.35 |
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Dilutive stock options outstanding |
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587 |
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686 |
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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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$ |
16,315 |
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24,697 |
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$ |
0.66 |
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$ |
8,471 |
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24,759 |
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$ |
0.34 |
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