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Earnings Per Share
3 Months Ended
Mar. 31, 2013
Earnings Per Share

6. Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 260 Earnings Per Share (“EPS”) requires dual presentation of basic EPS and diluted EPS on the face of all income statements. Basic EPS is computed as net income divided by the weighted average number of shares of common stock outstanding during the period. Diluted EPS reflects potential dilution that could occur if securities or other contracts, which, for the Company, consists of options to purchase shares of the Company’s common stock are exercised.

The components of basic and diluted earnings per share were as follows:

 

     Three Months Ended
March  31,
 
     2013      2012  

Numerator:

     

Net income attributable to American Vanguard

   $ 16,915       $ 8,734   
  

 

 

    

 

 

 

Denominator:

     

Weighted averages shares outstanding-basic

     28,269         27,624   

Assumed exercise of stock options and restricted shares-fully diluted

     610         675   
  

 

 

    

 

 

 
     28,879         28,299