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Net Income Per Share Attributable to Cooper-Standard Holdings Inc.
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Net Income Per Share Attributable to Cooper-Standard Holdings Inc.
Net Income Per Share Attributable to Cooper-Standard Holdings Inc.
Basic net income per share attributable to Cooper-Standard Holdings Inc. was computed by dividing net income attributable to Cooper-Standard Holdings Inc. by the weighted average number of shares of common stock outstanding during the period. Diluted net income per share attributable to Cooper-Standard Holdings Inc. was computed using the treasury stock method by dividing diluted net income available to Cooper-Standard Holdings Inc. by the weighted average number of shares of common stock outstanding, including the dilutive effect of common stock equivalents, using the average share price during the period.
A summary of information used to compute basic and diluted net income per share attributable to Cooper-Standard Holdings Inc. is shown below:
 
Three Months Ended March 31,
 
 
2017
 
2016
 
Net income attributable to Cooper-Standard Holdings Inc.
$
41,706

 
$
31,323

(1) 
Increase in fair value of share-based awards
18

 
—

 
Diluted net income available to Cooper-Standard Holdings Inc. common stockholders
$
41,724

 
$
31,323

(1) 
 
 
 
 
 
Basic weighted average shares of common stock outstanding
17,742,994

 
17,442,364

 
Dilutive effect of common stock equivalents
1,229,556

 
1,304,236

(1) 
Diluted weighted average shares of common stock outstanding
18,972,550

 
18,746,600

 
 
 
 
 
 
Basic net income per share attributable to Cooper-Standard Holdings Inc.
$
2.35

 
$
1.80

(1) 
 
 
 
 
 
Diluted net income per share attributable to Cooper-Standard Holdings Inc.
$
2.20

 
$
1.67

(1) 


(1) Amounts were recast to reflect the adoption of ASU 2016-09 in the second quarter of 2016. See Note 16.