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Income (Loss) per Share
 12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
11. Income (Loss) per Share

 

    For the Years Ended December 31,  
    2012     2011     2010  
   

(in thousands)

  
                   
Net income (loss) attributable to Innodata  Inc. and Subsidiaries   $ 7,473     $ 4,471     $ (747 )
                         
Weighted average common shares outstanding     24,895       24,916       25,360  
Dilutive effect of outstanding options     1,337       187       -  
Adjusted for dilutive computation     26,232       25,103       25,360  

 

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 0.1 million, 1.1 million and 0.4 million shares of common stock in 2012, 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’s incurring losses, their effect would have been antidilutive.