Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

6 Months Ended

Jun. 30, 2014

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES [Abstract]

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

6. 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, 2014, and 2013, respectively.

	Three Months Ended June 30, 2014						Three Months Ended June 30, 2013
					Per Share						Per Share
	Income		Shares		Amount		Income		Shares		Amount
Basic Net Income per Share:
Net Income Attributable to Trecora Resources	$	5,000		24,165	$	0.21	$	6,309		24,110	$	0.26

Dilutive stock options outstanding				648						542

Diluted Net Income per Share:
Net Income Attributable to Trecora Resources	$	5,000		24,813	$	0.20	$	6,309		24,652	$	0.26

	Six Months Ended June 30, 2014						Six Months Ended June 30, 2013
					Per Share						Per Share
	Income		Shares		Amount		Income		Shares		Amount
Basic Net Income per Share:
Net Income Attributable to Trecora Resources	$	7,599		24,158	$	0.32	$	11,095		24,108	$	0.46

Dilutive stock options outstanding				708						547

Diluted Net Income per Share:
Net Income Attributable to Trecora Resources	$	7,599		24,866	$	0.31	$	11,095		24,655	$	0.45

At June 30, 2014, and 2013, 662,068 and 449,189 potential common stock shares were issuable upon the exercise of options.

The earnings per share calculations for the periods ended June 30, 2014, and 2013, include 300,000 shares of the Company that are held in the treasury of TOCCO.