XML 27 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

Note 2:          EARNINGS PER SHARE

The following table 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 compensation awards outstanding during each period.

 

      Three Months Ended
March 31,
      2012    2011

Weighted average number of common shares outstanding

   31,979,894    31,515,395

Dilutive impact of stock based compensation

   311,864    476,464
    

 

  

 

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

   32,291,758    31,991,859
    

 

  

 

Number of common shares outstanding at the end of the period

   31,891,418    31,466,023
    

 

  

 

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

   591,028    122,822