XML 27 R26.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Net Income Per Share Attributable to Cooper-Standard Holdings Inc.
12 Months Ended
Dec. 31, 2019
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:
 
Year Ended December 31,
 
2019
 
2018
 
2017
Net income available to Cooper-Standard Holdings Inc. common stockholders
$
67,529

 
$
103,601

 
$
137,971

 
 
 
 
 
 
Basic weighted average shares of common stock outstanding
17,146,124

 
17,894,718

 
17,781,272

Dilutive effect of common stock equivalents
62,644

 
395,484

 
995,381

Diluted weighted average shares of common stock outstanding
17,208,768

 
18,290,202

 
18,776,653

 
 
 
 
 
 
Basic net income per share attributable to Cooper-Standard Holdings Inc.
$
3.94

 
$
5.79

 
$
7.76

 
 
 
 
 
 
Diluted net income per share attributable to Cooper-Standard Holdings Inc.
$
3.92

 
$
5.66

 
$
7.35


Approximately 1,000 and 2,000 securities were excluded from the calculation of diluted earnings per share for the years ended December 31, 2018 and 2017, because the inclusion of such securities in the calculation would have been anti-dilutive. There were no anti-dilutive securities during the year ended December 31, 2019.