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Earnings Per Share
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Earnings per share was calculated as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands, except per-share amounts)
2016
 
2015
 
2016
 
2015
BASIC
 
 
 
 
 
 
 
Net income attributable to Universal Electronics Inc.
$
7,807

 
$
6,271

 
$
17,118

 
$
19,835

Weighted-average common shares outstanding
14,510

 
14,966

 
14,441

 
15,535

Basic earnings per share attributable to Universal Electronics Inc.
$
0.54

 
$
0.42


$
1.19


$
1.28

 
 
 
 
 
 
 
 
DILUTED
 
 
 
 
 
 
 
Net income attributable to Universal Electronics Inc.
$
7,807

 
$
6,271

 
$
17,118

 
$
19,835

Weighted-average common shares outstanding for basic
14,510

 
14,966

 
14,441

 
15,535

Dilutive effect of stock options and restricted stock
338

 
264


299


299

Weighted-average common shares outstanding on a diluted basis
14,848

 
15,230

 
14,740

 
15,834

Diluted earnings per share attributable to Universal Electronics Inc.
$
0.53

 
$
0.41


$
1.16


$
1.25


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 September 30,
 
Nine Months Ended September 30,
(In thousands)
2016
 
2015
 
2016
 
2015
Stock options
—

 
74

 
111

 
62

Restricted stock awards
5

 
23

 
8

 
13