Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Income (Loss) Per Share

Note 5 - Income (Loss) Per Share

9 Months Ended

Sep. 30, 2015

5 .	Income (Loss) Per Share

Basic Income (loss) per share is calculated based on the weighted-average number of outstanding common shares during the applicable period. Diluted income (loss) per share is based on the weighted-average number of outstanding common shares plus the weighted-average number of potential outstanding common shares. In periods where they are anti-dilutive, such amounts are excluded from the calculations of dilutive earnings per share. The following table reconciles the income (loss) and average share amounts used to compute both basic and diluted income (loss) per share:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	(Unaudited)						(Unaudited)
(Amounts in Thousands, Except for Per Share Amounts)	2015			2014			2015			2014
Net income (loss) attributable to Perma-Fix Environmental Services, Inc., common stockholders:
Income (loss) from continuing operations attributable to Perma-Fix Environmental Services, Inc. common stockholders	$	1,447		$	2,344		$	165		$	(3,720	)
(Loss) income from discontinuing operations attributable to Perma-Fix Environmental Services, Inc. common stockholders		(377	)		(473	)		(1,313	)		1,633
Net income (loss) attributable to Perma-Fix Environmental Services, Inc. common stockholders	$	1,070		$	1,871		$	(1,148	)	$	(2,087	)

Basic income (loss) per share attributable to Perma-Fix Environmental Services, Inc. common stockholders	$	.09		$	.16		$	(.10	)	$	(.18	)

Diluted income (loss) per share attributable to Perma-Fix Environmental Services, Inc. common stockholders	$	.09		$	.16		$	(.10	)	$	(.18	)

Weighted average shares outstanding:
Basic weighted average shares outstanding		11,526			11,449			11,506			11,434
Add: dilutive effect of stock options		5			8			6			—
Add: dilutive effect of warrants		30			33			30			—
Diluted weighted average shares outstanding		11,561			11,490			11,542			11,434


Potential shares excluded from above weighted average share calcualtions due to their anti-dilutive effect include:
Stock options		183			207			183			207