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Earnings Per Share | 12 Months Ended
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Dec. 31, 2014
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] |
17. | Earnings Per Share
Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding during each period. Diluted earnings per share is computed by dividing the net income by the weighted average number of shares of common stock and equivalents (stock options and warrants), unless anti-dilutive, during each period. For the three and twelve months ended December 31, 2014, 185,000 shares were anti-dilutive (not included in the determination of earnings on a diluted basis), all of which were represented by options. For the three and twelve months ended December 31, 2013, 84,783 shares were anti-dilutive, all of which were represented by options. Consolidated Earnings per Share
|  | Year Ended December 31, |
|  | 2014 |  | 2013 |
Basic |  |  |  |  |  |  |
Average shares outstanding: |  |  |  |  |  |  |
Weighted average number of shares outstanding during the period |  |  | 3,288,332 |  |  | 3,248,646 |
Earnings: |  |  |  |  |  |  |
Net income attributable to CTI Industries Corporation |  | $ | 514,318 |  | $ | 375,509 |
Amount for per share Computation |  | $ | 514,318 |  | $ | 375,509 |
Net earnings applicable to Common Shares |  | $ | 0.16 |  | $ | 0.12 |
Diluted |  |  |  |  |  |  |
Average shares outstanding: |  |  | 3,288,332 |  |  | 3,248,646 |
Weighted averages shares Outstanding Common stock equivalents (options, warrants) |  |  | 151,095 |  |  | 156,158 |
Weighted average number of shares outstanding during the period |  |  | 3,439,427 |  |  | 3,404,804 |
Earnings: |  |  |  |  |  |  |
Net income attributable to CTI Industries Corporation |  | $ | 514,318 |  | $ | 375,509 |
Amount for per share computation |  | $ | 514,318 |  | $ | 375,509 |
Net income applicable to Common Shares |  | $ | 0.15 |  | $ | 0.11 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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