Earnings per Share

9 Months Ended

Sep. 30, 2011

Earnings per Share [Abstract]

Earnings per Share

4. Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
Basic Earnings Per Share computation:
Numerator:
Net income (loss)	$	218		($	929	)	($	342	)	($	2,752	)
Net loss attributable to noncontrolling interests		(274	)		—			(740	)		—
Net income (loss) attributable to PCTEL, Inc.		492			(929	)		398			(2,752	)
Less: adjustments to redemption value of noncontrolling interests		(106	)		—			(762	)		—
Net income (loss) available to common shareholders	$	386		($	929	)	($	364	)	($	2,752	)
Denominator:
Common shares outstanding		17,238			17,360			17,239			17,463
Earnings per common share - basic
Net income (loss) available to common shareholders	$	0.02		($	0.05	)	($	0.02	)	($	0.16	)
Diluted Earnings Per Share computation:
Numerator:
Net income (loss)	$	218		($	929	)	($	342	)	($	2,752	)
Net loss attributable to noncontrolling interests		(274	)		—			(740	)		—
Net income (loss) attributable to PCTEL, Inc.		492			(929	)		398			(2,752	)
Less: adjustments to redemption value of noncontrolling interests		(106	)		—			(762	)		—
Net income (loss) available to common shareholders	$	386		($	929	)	($	364	)	($	2,752	)
Denominator:
Common shares outstanding		17,238			17,360			17,239			17,463
Restricted shares subject to vesting		330			*			*			*
Performance shares subject to vesting		72			*			*			*
Common stock option grants		—			*			*			*
Total shares		17,640			17,360			17,239			17,463
Earnings per common share - diluted
Net income (loss) available to common shareholders	$	0.02		($	0.05	)	($	0.02	)	($	0.16	)

* As denoted by “*” in the table above, the weighted average common stock option grants, performance shares and restricted shares of 465,000 for the nine months ended September 30, 2011, and 238,000 and 481,000 for the three and nine months ended September 30, 2010, respectively, were excluded from the calculations of diluted net loss per share since their effects are anti-dilutive.