Income (Loss) Per Common Share

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Income (Loss) Per Common Share

3. INCOME (LOSS) PER COMMON SHARE

Common stock equivalents in the three months and nine months ended September 30, 2012 were anti-dilutive, thus the diluted weighted average common shares outstanding for this period are the same as the basic weighted average common shares outstanding.

At September 30, 2012 and 2011, respectively, 237,786 and 193,354 potential common stock shares are issuable upon the exercise of vested warrants and options and conversion of debt to common stock. For the three months and nine months ended September 30, 2012, 625,349 shares and 672,807 shares, respectively, related to warrants and options were excluded from the computation of diluted earnings per share as they were anti-dilutive due to their exercise price being in excess of the average close price for the three and nine month period ended or they were not yet vested.

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

	Three months			Three months		Nine months			Nine months
	ended			ended		ended			ended
	September 30, 2012			September 30, 2011		September 30, 2012			September 30, 2011
Consolidated Net profit (loss) from continuing operations	$	(462,999	)	$	111,688	$	(2,249,646	)	$	(264,920	)
Net profit from discontinued operations	$	-		$	312,635	$	-		$	442,881
Less:  Net profit from discontinued operations - noncontrolling interest	$	-		$	-	$	-		$	67,872
Net profit from discontinued operations attributable to CUI Global Inc.	$	-		$	312,635	$	-		$	375,009
Net profit (loss) for the period attributable to CUI Global, Inc.	$	(462,999	)	$	424,323	$	(2,249,646	)	$	110,089
Weighted average number of shares outstanding		10,819,681			7,309,416		9,940,168			7,228,660
Weighted average number of common and common equivalent shares		10,819,681			7,309,416		9,940,168			7,228,660
Basic profit (loss) per common share from continuing operations	$	(0.04	)	$	0.02	$	(0.23	)	$	(0.04	)
Basic profit per common share from discontinued operations - attributable to CUI Global, Inc.	$	-		$	0.04	$	-		$	0.05
Basic profit (loss) per common share	$	(0.04	)	$	0.06	$	(0.23	)	$	0.02

	Three months			Three months		Nine months			Nine months
	ended			ended		ended			ended
	September 30, 2012			September 30, 2011		September 30, 2012			September 30, 2011
Consolidated Net profit (loss) from continuing operations	$	(462,999	)	$	111,688	$	(2,249,646	)	$	(264,920	)
Net profit from discontinued operations	$	-		$	312,635	$	-		$	442,881
Less:  Net profit from discontinued operations – noncontrolling interest	$	-		$	-	$	-		$	67,872
Net profit from discontinued operations attributable to CUI Global, Inc.	$	-		$	312,635	$	-		$	375,009
Net profit (loss) for the period attributable to CUI Global, Inc.	$	(462,999	)	$	424,323	$	(2,249,646	)	$	110,089
Weighted average number of shares outstanding		10,819,681			7,309,416		9,940,168			7,228,660
Add: Warrants and options as of beginning of period		-			14,931		-			15,926
Warrants and options as of date of vesting		-			-		-			-
Convertible preferred shares outstanding		-			8,424		-			8,424
Weighted average number of common and common equivalent shares		10,819,681			7,332,771		9,940,168			7,253,010
Diluted profit (loss) per common share from continuing operations	$	(0.04	)	$	0.02	$	(0.23	)	$	(0.04	)
Diluted profit per common share from discontinued operations - attributable to CUI Global, Inc.	$	-		$	0.04	$	-		$	0.05
Diluted profit (loss) per common share	$	(0.04	)	$	0.06	$	(0.23	)	$	0.02