Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

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NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES
9 Months Ended
Sep. 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 nine months ended September 30, 2015, and 2014, respectively.

   
Three Months Ended
September 30, 2015
   
Three Months Ended
September 30, 2014
 
               
Per Share
               
Per Share
 
   
Income
   
Shares
   
Amount
   
Income
   
Shares
   
Amount
 
Basic Net Income per Share:
                                   
Net Income Attributable to Trecora Resources
  $ 5,318       24,369     $ 0.22     $ 5,774       24,175     $ 0.24  
                                                 
Unvested restricted stock grant
            148                       -          
Dilutive stock options outstanding
            711                       705          
                                                 
Diluted Net Income per Share:
                                               
Net Income Attributable to Trecora Resources
  $ 5,318       25,228     $ 0.21     $ 5,774       24,880     $ 0.23  

   
Nine Months Ended
September 30, 2015
   
Nine Months Ended
September 30, 2014
 
               
Per Share
               
Per Share
 
   
Income
   
Shares
   
Amount
   
Income
   
Shares
   
Amount
 
Basic Net Income per Share:
                                   
Net Income Attributable to Trecora Resources
  $ 17,476       24,344     $ 0.72     $ 13,373       24,163     $ 0.55  
                                                 
Unvested restricted stock grant
            138                                  
Dilutive stock options outstanding
            694                       707          
                                                 
Diluted Net Income per Share:
                                               
Net Income Attributable to Trecora Resources
  $ 17,476       25,176     $ 0.69     $ 13,373       24,870     $ 0.54  

At September 30, 2015, and 2014, 1,497,771 and 1,560,540 potential common stock shares, respectively were issuable upon the exercise of options and warrants.
 
The earnings per share calculations for the periods ended September 30, 2015, and 2014, include 300,000 shares of the Company that are held in the treasury of TOCCO.