Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

v3.2.0.727
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES
6 Months Ended
Jun. 30, 2015
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES [Abstract]  
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES
7. NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

The following table (in thousands, except per share amounts) sets forth the computation of basic and diluted net income per share attributable to Trecora Resources for the three and six months ended June 30, 2015, and 2014, respectively.

   
Three Months Ended
June 30, 2015
   
Three Months Ended
June 30, 2014
 
               
Per Share
               
Per Share
 
   
Income
   
Shares
   
Amount
   
Income
   
Shares
   
Amount
 
Basic Net Income per Share:
                                   
Net Income Attributable to Trecora Resources
  $ 6,374       24,354     $ 0.26     $ 5,000       24,165     $ 0.21  
                                                 
Unvested restricted stock grant
            148                       -          
Dilutive stock options outstanding
            653                       648          
                                                 
Diluted Net Income per Share:
                                               
Net Income Attributable to Trecora Resources
  $ 6,374       25,155     $ 0.25     $ 5,000       24,813     $ 0.20  

   
Six Months Ended
June 30, 2015
   
Six Months Ended
June 30, 2014
 
               
Per Share
               
Per Share
 
   
Income
   
Shares
   
Amount
   
Income
   
Shares
   
Amount
 
Basic Net Income per Share:
                                   
Net Income Attributable to Trecora Resources
  $ 12,158       24,331     $ 0.50     $ 7,599       24,158     $ 0.32  
                                                 
Unvested restricted stock grant
            133                                  
Dilutive stock options outstanding
            686                       708          
                                                 
Diluted Net Income per Share:
                                               
Net Income Attributable to Trecora Resources
  $ 12,158       25,150     $ 0.48     $ 7,599       24,866     $ 0.31  

At June 30, 2015, and 2014, 1,497,771 and 662,068 potential common stock shares, respectively were issuable upon the exercise of options and warrants.

The earnings per share calculations for the periods ended June 30, 2015, and 2014, include 300,000 shares of the Company that are held in the treasury of TOCCO.