Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES

v3.5.0.2
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES
9 Months Ended
Sep. 30, 2016
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES [Abstract]  
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO TRECORA RESOURCES
8. 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, 2016, and 2015, respectively.

   
Three Months Ended
September 30, 2016
   
Three Months Ended
September 30, 2015
 
               
Per Share
               
Per Share
 
   
Income
   
Shares
   
Amount
   
Income
   
Shares
   
Amount
 
Basic Net Income per Share:
                                   
Net Income Attributable to Trecora Resources
  $ 740       24,507     $ 0.03     $ 5,318       24,369     $ 0.22  
                                                 
Unvested restricted stock grant
            304                       148          
Dilutive stock options outstanding
            394                       711          
                                                 
Diluted Net Income per Share:
                                               
Net Income Attributable to Trecora Resources
  $ 740       25,205     $ 0.03     $ 5,318       25,228     $ 0.21  
 
   
Nine Months Ended
September 30, 2016
   
Nine Months Ended
September 30, 2015
 
               
Per Share
               
Per Share
 
   
Income
   
Shares
   
Amount
   
Income
   
Shares
   
Amount
 
Basic Net Income per Share:
                                   
Net Income Attributable to Trecora Resources
  $ 20,048       24,498     $ 0.82     $ 17,476       24,344     $ 0.72  
                                                 
Unvested restricted stock grant
            297                       138          
Dilutive stock options outstanding
            363                       694          
                                                 
Diluted Net Income per Share:
                                               
Net Income Attributable to Trecora Resources
  $ 20,048       25,158     $ 0.80     $ 17,476       25,176     $ 0.69  

At September 30, 2016, and 2015, 1,348,437 and 1,497,771 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, 2016, and 2015, include 284,011 and 300,000 shares of the Company, respectively that are held in the treasury.  In June 2016 these 300,000 shares previously owned by TOCCO were transferred up to the Company at cost to be held in treasury for future issuances.