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Income Per Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
9.
Income Per Share
 
 
 
Three months ended March 31,
 
 
 
2014
 
2013
 
 
 
(in thousands except per share amounts)
 
 
 
 
 
 
 
 
 
Net income attributable to Innodata Inc. and Subsidiaries
 
$
189
 
$
316
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
25,038
 
 
24,880
 
Dilutive effect of outstanding options
 
 
300
 
 
791
 
Adjusted for dilutive computation
 
 
25,338
 
 
25,671
 
 
Basic income per share is computed using the weighted-average number of common shares outstanding during the period. Diluted income 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 per share is used.
 
Options to purchase 1.6 million shares and 0.4 million shares of common stock for the three months ended March 31, 2014 and 2013, respectively, were outstanding but not included in the computation of diluted income 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.