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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share were as follows (in thousands):

 

 

 

Three Months Ended

September 30

 

 

Nine Months Ended

September 30

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to AVD

 

$

2,877

 

 

$

2,772

 

 

$

8,917

 

 

$

3,604

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding-basic

 

 

28,957

 

 

 

28,753

 

 

 

28,886

 

 

 

28,653

 

Dilutive effect of stock options and grants

 

 

539

 

 

 

536

 

 

 

499

 

 

 

555

 

 

 

 

29,496

 

 

 

29,289

 

 

 

29,385

 

 

 

29,208