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Earnings Per Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share

7. 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 our condensed consolidated statements of operations and comprehensive income. 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,		  
     2014      2013  

Numerator:

      

Net income attributable to American Vanguard

    $ 2,159       $ 16,915   
  

 

 

     

 

 

  

Denominator:

      

Weighted averages shares outstanding-basic

      28,401         28,269   

Dilutive effect of stock options and grants

      487         610   
  

 

 

     

 

 

  
     28,888         28,879