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Net Income Per Share Attributable to Cooper-Standard Holdings Inc.
6 Months Ended
Jun. 30, 2018
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.
Information used to compute basic and diluted net income per share attributable to Cooper-Standard Holdings Inc. was as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Net income attributable to Cooper-Standard Holdings Inc.
$
41,877

 
$
40,456

 
$
98,669

 
$
82,162

Decrease in fair value of share-based awards

 
(24
)
 

 
(6
)
Diluted net income available to Cooper-Standard Holdings Inc. common stockholders
$
41,877

 
$
40,432

 
$
98,669

 
$
82,156

 
 
 
 
 
 
 
 
Basic weighted average shares of common stock outstanding
18,000,579

 
17,863,203

 
17,996,058

 
17,803,430

Dilutive effect of common stock equivalents
371,196

 
1,002,764

 
423,894

 
1,116,161

Diluted weighted average shares of common stock outstanding
18,371,775

 
18,865,967

 
18,419,952

 
18,919,591

 
 
 
 
 
 
 
 
Basic net income per share attributable to Cooper-Standard Holdings Inc.
$
2.33

 
$
2.26

 
$
5.48

 
$
4.61

 
 
 
 
 
 
 
 
Diluted net income per share attributable to Cooper-Standard Holdings Inc.
$
2.28

 
$
2.14

 
$
5.36

 
$
4.34