Per Share Amounts

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 2. Per Share Amounts

Per share information has been computed based on the weighted average number of common shares and dilutive common share equivalents outstanding. The computation for the three month periods ended March 31, 2016 and 2015 excluded approximately 617,000 of the Company’s stock options because the exercise price of the options was higher than the average market price during those periods.

The following table sets forth the computation of basic and diluted earnings per share for the three month periods ended March 31, 2016 and 2015:

	Three Months ended March 31,
	2016		2015
Net income attributable to American Shared Hospital Services	$	51,000	$	128,000
Weighted average common shares for basic earnings per share		5,541,000		5,477,000
Diluted effect of stock options and restricted stock		-		49,000
Weighted average common shares for diluted earnings per share		5,541,000		5,526,000
Basic earnings per share	$	0.01	$	0.02
Diluted earnings per share	$	0.01	$	0.02