BASIC AND DILUTED INCOME PER SHARE

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

BASIC AND DILUTED INCOME PER SHARE

2. BASIC AND DILUTED INCOME PER SHARE

Basic income per share is computed by dividing net income attributable to Miller Industries, Inc. by the weighted average number of common shares outstanding. Diluted income per share is calculated by dividing net income attributable to Miller Industries, Inc. by the weighted average number of common and potential dilutive common shares outstanding. Diluted income per share takes into consideration the assumed exercise of outstanding stock options resulting in approximately 52,000 and 83,000 potential dilutive common shares for the three months ended September 30, 2014 and 2013, 58,000 and 95,000 for the nine months ended September 30, 2014 and 2013, respectively.  For the three months and nine months ended September 30, 2014 and 2013, none of the outstanding stock options would have been anti-dilutive.