XML 34 R18.htm IDEA: XBRL DOCUMENT

Income (Loss) Per Share

12 Months Ended

Dec. 31, 2018

12.

Income (Loss) per Share

	For the Years Ended December 31,
	2018		2017
	(in thousands)

Net income (loss) attributable to Innodata Inc. and Subsidiaries	$	4	$	(5,055	)

Weighted average common shares outstanding		25,878		25,816
Dilutive effect of outstanding options		-		-
Adjusted for dilutive computation		25,878		25,816

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 3.0 million shares of common stock in 2018 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.

Options to purchase 4.2 million shares of common stock in 2017 were outstanding but not included in the computation of diluted loss per share due to the net loss incurred for the year, and the effect would have been antidilutive.