Income (Loss) per Share

12 Months Ended

Dec. 31, 2013

11. Income (Loss) per Share

		For the Years Ended December 31,
	2013		2012		2011
		(in thousands)

Net income (loss) attributable to Innodata Inc. and Subsidiaries	$	(10,632)	$	7,473	$	4,471

Weighted average common shares outstanding		24,997		24,895		24,916
Dilutive effect of outstanding options		-		1,337		187
Adjusted for dilutive computation		24,997		26,232		25,103

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 1.5 million, 0.1 million and 1.1 million shares of common stock in 2013, 2012 and 2011, 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 2013 does not include 1.5 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.

- Definition

The entire disclosure for earnings per share.

+ References+ Details