XML 25 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income (Loss) per Share
 12 Months Ended
Dec. 31, 2011
Income (Loss) per Share
11. Income (Loss) per Share

 

    For the Years Ended December 31,  
    2011     2010     2009  
    (in thousands, except per share amounts)  
                   
Net income (loss) attributable to Innodata Isogen, Inc. and Subsidiaries   $ 4,471     $ (747 )   $ 7,313  
                         
Weighted average common shares outstanding     24,916       25,360       24,613  
Dilutive effect of outstanding options     187       -       1,151  
Adjusted for dilutive computation     25,103       25,360       25,764  

 

Basic income (loss) per share is computed using the weighted-average number of common shares outstanding during the year. Diluted income (loss) per share is computed by considering the impact of the potential issuance of common shares, using the treasury stock method, on the weighted average number of shares outstanding. For those securities that are not convertible into a class of common stock, the two class” method of computing income (loss) per share is used.

 

Options to purchase 1.1 million and 0.4 million shares of common stock in 2011 and 2010, respectively were outstanding but not included in the computation of diluted income (loss) per share because the options’ exercise price was greater than the average market price of the common shares and therefore, the effect would have been antidilutive. In addition, diluted net loss per share in 2010 does not include 1.8 million potential common shares derived from the exercise of stock options because as a result of the Company incurring losses, their effect would have been antidilutive.All options outstanding were included in the computation of diluted net income (loss) per share in 2009 as the exercise price was lower than the average market price.