Income (Loss) per Share

12 Months Ended

Dec. 31, 2020

13. Income (Loss) per Share


	For the Years Ended
	December 31,
	2020		2019

Net income (loss) attributable to Innodata Inc. and Subsidiaries	$	617	$	(2,142)
Weighted average common shares outstanding		24,607		25,774
Dilutive effect of outstanding options		966		—
Adjusted for dilutive computation		25,573		25,774

Basic income (loss) per share is computed using the weighted-average number of common shares outstanding during the year. 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 loss per share is used.

Options to purchase 1.6 million shares of common stock for the year ended December 31, 2020, were outstanding but not included in the computation of diluted income (loss) per share because the exercise price of the options were greater than the average market price of the common shares and therefore have not been considered as potential equity shares. Options to purchase 6.8 million shares of common stock for the year ended December 31, 2019 were outstanding but not included in the computation of diluted loss per share because the effect would have been anti-dilutive.