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
3 Months Ended
Mar. 31, 2016
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 months ended March 31, 2016, and 2015, respectively.

   
Three Months Ended
March 31, 2016
   
Three Months Ended
 March 31, 2015
 
               
Per Share
               
Per Share
 
   
Income
   
Shares
   
Amount
   
Income
   
Shares
   
Amount
 
Basic Net Income per Share:
                                   
Net Income Attributable to Trecora Resources
  $ 7,224       24,484     $ 0.30     $ 5,784       24,309     $ 0.24  
                                                 
Unvested restricted stock grant
            282                       118          
Dilutive stock options outstanding
            319                       717          
                                                 
Diluted Net Income per Share:
                                               
Net Income Attributable to Trecora Resources
  $ 7,224       25,085     $ 0.29     $ 5,784       25,144     $ 0.23  

At March 31, 2016, and 2015, 1,368,437 and 1,527,091 potential common stock shares, respectively were issuable upon the exercise of options and warrants.

The earnings per share calculations for the periods ended March 31, 2016, and 2015, included 300,000 shares of the Company that are held in the treasury of TOCCO.