UNIVERSAL POWER GROUP INC. - FORM 10-Q - XML - IDEA: XBRL DOCUMENT - May 10, 2012
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EARNINGS PER SHARE
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3 Months Ended |
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Mar. 31, 2012
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| Earnings Per Share [Abstract] | |
| EARNINGS PER SHARE | NOTE D — EARNINGS PER SHARE
Basic net income per share is computed by dividing net income by the weighted average number of common shares outstanding for the period.
Diluted net income per share is computed by dividing net income by the weighted average number of common shares and dilutive common stock equivalents outstanding for the period. The Company’s common stock equivalents include all common stock issuable upon the exercise of outstanding stock options and warrants.
For the three-month period ended March 31, 2012, the dilutive effect of 852,592 stock options is included in the calculation and 571,250 stock options are excluded from the calculation as they are antidilutive. For the three-month period ended March 31, 2011, the dilutive effect of 146,250 stock options is included in the calculation and 1,255,592 stock options and 300,000 warrants are excluded from the calculation as they are antidilutive.
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