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Earnings Per Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Earnings Per Share

Note 2:           EARNINGS PER SHARE

The table below provides further share information used in computing our earnings per share for the periods presented herein. Basic earnings per share was computed by dividing net income attributable to AMCOL shareholders by the weighted average number of common shares outstanding during each period. Diluted earnings per share was computed by dividing net income attributable to AMCOL shareholders by the weighted average common shares outstanding after consideration of the dilutive effect of stock based compensation outstanding during each period.

 

      Nine Months Ended
September 30,
     Three Months Ended
September 30,
 
      2011      2010      2011      2010  

Weighted average number of common shares outstanding

     31,671,781         31,136,740         31,799,536         31,225,430   

Dilutive impact of stock based compensation

     455,777         361,286         393,922         339,698   
    

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average number of common and common equivalent shares outstanding for the period

     32,127,558         31,498,026         32,193,458         31,565,128   
    

 

 

    

 

 

    

 

 

    

 

 

 

Number of common shares outstanding at the end of the period

     31,666,904         31,100,692         31,666,904         31,100,692   
    

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average number of anti-dilutive shares excluded from the computation of diluted earnings per share

     186,929         570,259         218,800         511,792