Quarterly report pursuant to Section 13 or 15(d)

Net Income per share

v3.8.0.1
Net Income per share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Net Income Per Share [Text Block]
Note 11 – Net income per share
 
Basic net income (loss) per share is computed using the weighted average number of common shares outstanding during the applicable period. Diluted net income (loss) per share is computed using the weighted average number of common shares outstanding during the period, plus the dilutive effect of potential common stock. Potential common stock consists of shares issuable pursuant to stock options and warrants.
 
 
 
Three Months Ended
March 31,
 
 
 
2018
 
2017
 
 
 
(in thousands, except earnings per share
and related share information)
 
Net income (loss) attributable to The ONE Group Hospitality, Inc.
 
$
231
 
$
(402)
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
27,187,657
 
 
25,050,628
 
Dilutive effect of stock options, warrants and restricted share units
 
 
200,841
 
 
 
Diluted weighted average shares outstanding
 
 
27,388,498
 
 
25,050,628
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) available to common stockholders per share - Basic
 
$
0.01
 
$
(0.02)
 
Net income (loss) available to common stockholders per share - Diluted
 
$
0.01
 
$
(0.02)
 
 
 
 
 
 
 
 
 
Anti-dilutive stock options, warrants and restricted share units
 
 
2,114,437
 
 
 
 
For the three months ended March 31, 2017, all equivalent shares underlying options and warrants were excluded from the calculation of diluted earnings per share as the Company was in a net loss position. Basic and diluted earnings per share for discontinued operations was $0.00 for each of the quarters ended March 31, 2018 and 2017.
 
Net income (loss) per share amounts for continuing operations and discontinued operations are computed independently. As a result, the sum of per share amounts may not equal the total.