Income (Loss) per Share

3 Months Ended

Mar. 31, 2021

10. Income (Loss) Per Share


	For the Three Months Ended
	March 31,
	2021		2020
Net income (loss) attributable to Innodata Inc. and Subsidiaries	$	398	$	(291)
Weighted average common shares outstanding		25,873		24,401
Dilutive effect of outstanding options		3,579		—
Adjusted for dilutive computation		29,452		24,401

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 0.3 million shares of common stock for the three months ended March 31, 2021, 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 the effect would have been anti-dilutive. Options to purchase 6.3 million shares of common stock for the three months ended March 31, 2020 were outstanding but not included in the computation of diluted loss per share because the exercise price of the options was greater than the average market price of the common shares and therefore the effect would have been anti-dilutive.