16. Earnings Per Share
The computations of basic and diluted earnings per share for the years ended December 31, 2016, 2015 and 2014 are as follows (in thousands, except per share data):
| | | Year Ended | | | Year Ended | | | Year Ended | | | | | December 31, 2016 | | | December 31, 2015 | | | December 31, 2014 | | | | | | | | (as restated) | | | (as restated) | | | | | | | | | | | | | Net income attributable to USPh shareholders | | $ | 20,551 | | | $ | 20,615 | | | $ | 19,131 | | | | | | | | | | | | | | | | Basic and diluted net income per share attributable to USPH shareholders | | $ | 1.64 | | | $ | 1.66 | | | $ | 1.57 | | | | | | | | | | | | | | | | Shares used in computation: | | | | | | | | | | | | | Basic earnings per share - weighted-average shares | | | 12,500 | | | | 12,392 | | | | 12,217 | | Effect of dilutive securities - stock options | | | - | | | | - | | | | 4 | | Denominator for diluted earnings per share - adjusted weighted-average shares | | | 12,500 | | | | 12,392 | | | | 12,221 | |
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