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Income (Loss) per Share
3 Months Ended
Mar. 31, 2022
Income (Loss) Per Share  
Income (Loss) per Share

11.          Income (Loss) Per Share

For the Three Months Ended

March 31, 

    

2022

    

2021

Net income (loss) attributable to Innodata Inc. and Subsidiaries

$

(2,815)

$

398

Weighted average common shares outstanding

 

27,158

 

25,873

Dilutive effect of outstanding options

 

-

 

3,579

Adjusted for dilutive computation

 

27,158

 

29,452

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 7.0 million shares of common stock for the three months ended March 31, 2022 were outstanding but not included in the computation of diluted loss per share because the effect would have been anti-dilutive. 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 per share because the exercise price of the options was greater than the average market price of the common shares.