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Per Share Amounts
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 2.
Per Share Amounts
 
Per share information has been computed based on the weighted average number of common shares and dilutive common share equivalents outstanding. The computation for the three and six month periods ended June 30, 2016 excluded approximately 605,000 and 627,000 of the Company’s stock options, respectively, because the exercise price of the options was higher than the average market price during those periods.
 
Pursuant to GAAP, potentially dilutive common stock equivalents, such as dilutive stock options, are not considered when their inclusion in reporting earnings per share would be dilutive to reported losses incurred per share. Because the Company reported a loss for the three and six month periods ending June 30, 2015, the potentially dilutive effects of approximately 38,000 of the Company’s stock options and 14,000 unvested restricted stock units were not considered for the reporting period, respectively.
 
The following table sets forth the computation of basic and diluted earnings per share for the three and six month periods ended June 30, 2016 and 2015:
 
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
Net income (loss) attributable to American Shared Hospital Services
 
$
93,000
 
$
(1,970,000)
 
$
144,000
 
$
(1,842,000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares for basic earnings per share
 
 
5,552,000
 
 
5,484,000
 
 
5,548,000
 
 
5,480,000
 
Diluted effect of stock options and restricted stock
 
 
16,000
 
 
-
 
 
16,000
 
 
-
 
Weighted average common shares for diluted earnings per share
 
 
5,568,000
 
 
5,484,000
 
 
5,564,000
 
 
5,480,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings (loss) per share
 
$
0.02
 
$
(0.36)
 
$
0.03
 
$
(0.34)
 
Diluted earnings (loss) per share
 
$
0.02
 
$
(0.36)
 
$
0.03
 
$
(0.34)