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Per Share Amounts
 3 Months Ended
Mar. 31, 2017
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 month periods ended March 31, 2017 and 2016 excluded approximately 0 and 617,000, respectively, of the Company’s stock options because the exercise price of the options was higher than the average market price during the period.
 
Based on the guidance provided in accordance with ASC 260 Earnings Per Share (“ASC 260”), the weighted average common shares for basic earnings per share, for the three month period ended March 31, 2017, excluded the weighted average impact of the performance share awards, discussed below. These awards are legally outstanding but are not deemed participating securities and therefore are excluded from the calculation of basic earnings per share. These shares are also excluded from the denominator for diluted earnings per share because they are considered contingent shares as of March 31, 2017.
 
The following table sets forth the computation of basic and diluted earnings per share for the three month periods ended March 31, 2017 and 2016:
 
 
 
Three Months ended March 31,
 
 
 
2017
 
 
2016
 
Net income attributable to American Shared Hospital Services
 
$
293,000
 
 
$
51,000
 
 
 
 
 
 
 
 
 
 
Weighted average common shares for basic earnings per share
 
 
5,685,000
 
 
 
5,541,000
 
Diluted effect of stock options and restricted stock
 
 
199,000
 
 
 
-
 
Weighted average common shares for diluted earnings per share
 
 
5,884,000
 
 
 
5,541,000
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.05
 
 
$
0.01
 
Diluted earnings per share
 
$
0.05
 
 
$
0.01