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Earnings Per Share
 6 Months Ended
Jun. 30, 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
June 30		      Six Months Ended
June 30		  
      2013      2012      2013      2012  

Numerator:

            

Net income attributable to American Vanguard

    $ 8,386       $ 8,744       $ 25,301       $ 17,478   
  

 

 

     

 

 

     

 

 

     

 

 

  

Denominator:

            

Weighted averages shares outstanding-basic

      28,295         27,858         28,280         27,740   

Assumed exercise of stock options and restricted shares-fully diluted

      591         879         604         804   
  

 

 

     

 

 

     

 

 

     

 

 

  
     28,886         28,737         28,884         28,544