BASIC AND DILUTED INCOME PER SHARE

6 Months Ended

Jun. 30, 2015

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 35,000 and 53,000 potential dilutive common shares for the three months ended June 30, 2015 and 2014, and 44,000 and 61,000 for the six months ended June 30, 2015 and 2014, respectively. For the three months and six months ended June 30, 2015 and 2014, none of the outstanding stock options would have been anti-dilutive.