XML 29 R17.htm IDEA: XBRL DOCUMENT v3.25.3
Income Per Share
9 Months Ended
Sep. 30, 2025
Income Per Share  
Income Per Share

11.Income Per Share

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

For the Three Months Ended

For the Nine Months Ended

September 30, 

September 30, 

    

2025

    

2024

    

2025

    

2024

Net income attributable to Innodata Inc. and Subsidiaries

$

8,342

$

17,389

$

23,348

$

18,364

Weighted average common shares outstanding

 

31,848

 

28,994

 

31,690

 

28,873

Dilutive effect of outstanding options

 

3,418

 

5,013

 

3,306

 

4,424

Adjusted for dilutive computation

 

35,266

 

34,007

 

34,996

 

33,297

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 3.6 million shares of common stock for the three months and nine months ended September 30, 2025 were outstanding and included in the computation of diluted income per share. Also included in the computation of diluted income per share for the three months and nine months ended September 30, 2025 are 390,569 restricted stock units using the treasury stock method to determine the dilutive effect of restricted stock units outstanding as of September 30, 2025.

Options to purchase 6.0 million shares of common stock for the three months and nine months ended September 30, 2024 were outstanding and included in the computation of diluted income per share. Also included in the computation of diluted income per share for the three months and nine months ended September 30, 2024 are 199,907 restricted stock units using the treasury stock method to determine the dilutive effect of restricted stock units outstanding as of September 30, 2024.