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Note 8 - Earnings Per Share
 6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

8)           Earnings per share


The computation of basic and diluted earnings per common share was as follows:


   

For the three months ended
 June 30,

   

For the six months ended
 June 30,

 
   

2014

   

2013

   

2014

   

2013

 

Net income available to common stockholders

  $ 5,347     $ 18,156     $ 11,621     $ 32,206  
                                 

Weighted average number of common shares outstanding

    43,352,836       43,334,441       43,348,195       43,132,398  

Effect of stock options and other awards

    197,293       27,114       123,685       24,429  

Weighted average diluted number of common shares outstanding

    43,550,129       43,361,555       43,471,880       43,156,827  
                                 

Basic earnings per share

  $ 0.12     $ 0.42     $ 0.27     $ 0.75  

Diluted earnings per share

  $ 0.12     $ 0.42     $ 0.27     $ 0.75  

No options to purchase shares of FutureFuel’s common stock were excluded from the computation of diluted earnings


per share for the three and six months ended June 30, 2014 or 2013.