Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2016

The Company's revenues are derived from refrigerant and reclamation sales and RefrigerantSide® Services, including license and royalty revenues. The revenues for each of these lines are as follows:

Three Month Period Ended March 31,	2016		2015
(in thousands, unaudited)
Refrigerant and reclamation sales	$	26,649	$	20,487
RefrigerantSide® Services		1,518		1,616
Total	$	28,167	$	22,103

Reconciliation of shares used to determine net income per share

The reconciliation of shares used to determine net income per share is as follows (dollars in thousands):

	Three Month Period
	Ended March 31,
	2016		2015

Net income	$	2,944	$	1,893

Weighted average number of shares - basic		32,888,659		32,333,443
Shares underlying warrants		175,285		378,780
Shares underlying options		880,932		1,568,162
Weighted average number of shares outstanding - diluted		33,944,876		34,280,385