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Income Per Share
 3 Months Ended
Mar. 31, 2025
Income Per Share  
Income Per Share

11.Income Per Share

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The calculation of the dilutive effect of outstanding options is shown in the table below (in thousands):

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For the Three Months Ended

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March 31, 

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2025

    

2024

Net income attributable to Innodata Inc. and Subsidiaries

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$

7,787

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$

989

Weighted average common shares outstanding

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31,434

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28,753

Dilutive effect of outstanding options

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3,517

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3,486

Adjusted for dilutive computation

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34,951

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32,239

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Basic income 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 income per share is used.

Options to purchase 3.7 million shares of common stock for the three months ended March 31, 2025 were outstanding and included in the computation of diluted income per share. Also included in the computation of diluted income per share are 449,342 restricted stock units using the treasury stock method to determine the dilutive effect of restricted stock units outstanding as of March 31, 2025.

Options to purchase 3,000 shares of common stock for the three months ended March 31, 2024 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.