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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share were as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to AVD

 

$

4,304

 

 

$

3,246

 

 

$

7,756

 

 

$

6,040

 

Denominator: (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding-basic

 

 

29,050

 

 

 

28,893

 

 

 

28,999

 

 

 

28,851

 

Dilutive effect of stock options and grants

 

 

555

 

 

 

484

 

 

 

562

 

 

 

491

 

 

 

 

29,605

 

 

 

29,377

 

 

 

29,561

 

 

 

29,342