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Earnings Per Share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Earnings per share was calculated as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands, except per-share amounts)
2016
 
2015
 
2016
 
2015
BASIC
 
 
 
 
 
 
 
Net income attributable to Universal Electronics Inc.
$
6,590

 
$
8,375

 
$
9,311

 
$
13,564

Weighted-average common shares outstanding
14,440

 
15,732

 
14,406

 
15,819

Basic earnings per share attributable to Universal Electronics Inc.
$
0.46

 
$
0.53


$
0.65


$
0.86

 
 
 
 
 
 
 
 
DILUTED
 
 
 
 
 
 
 
Net income attributable to Universal Electronics Inc.
$
6,590

 
$
8,375

 
$
9,311

 
$
13,564

Weighted-average common shares outstanding for basic
14,440

 
15,732

 
14,406

 
15,819

Dilutive effect of stock options and restricted stock
295

 
297


280


317

Weighted-average common shares outstanding on a diluted basis
14,735

 
16,029

 
14,686

 
16,136

Diluted earnings per share attributable to Universal Electronics Inc.
$
0.45

 
$
0.52


$
0.63


$
0.84


The number of stock options and shares of restricted stock excluded from the computation of diluted earnings per common share were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands)
2016
 
2015
 
2016
 
2015
Stock options
78

 
74

 
167

 
57

Restricted stock awards
1

 
1

 
10

 
9