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Earnings Per Share ("EPS")
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3 Months Ended |
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Mar. 31, 2015
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| Earnings Per Share ("EPS") [Abstract] | |
| Earnings Per Share ("EPS") |
Note 4 — Earnings Per Share (“EPS”)
Basic EPS is computed by dividing net income by the weighted-average number of shares outstanding during the period.
Diluted EPS is computed by dividing net income by the diluted weighted-average number of shares outstanding during the period and, accordingly, reflects the potential dilution that could occur if securities or other agreements to issue common stock, such as stock options, were exercised, settled or converted into common stock and were dilutive.
Legacy Education Alliance, Inc. does not currently have any stock-based compensation plans, and therefore, our Condensed Consolidated Statements of Operations and Comprehensive Income do not reflect any dilutive effects that such plans would typically require.
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