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Net Income (Loss) Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
11. Net Income (Loss) Per Share
 
 
 
Three months ended March 31,
 
 
 
2015
 
2014
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to Innodata Inc. and Subsidiaries
 
$
(1,840)
 
$
189
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
25,337
 
 
25,038
 
Dilutive effect of outstanding options
 
 
-
 
 
300
 
Adjusted for dilutive computation
 
 
25,337
 
 
25,338
 
 
Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net 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 per share is used.
 
Options to purchase 2.6 million shares and 1.6 million shares of common stock for the three months ended March 31, 2015 and 2014, respectively, were outstanding but not included in the computation of diluted net 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 anti-dilutive. In addition, diluted net income (loss) per share for the three months ended March 31, 2015 does not include 1.0 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 anti-dilutive.