Nolte Co. has 4,000,000 ordinary shares outstanding on December 31, 2015. An additional 200,000 shares are issued on April 1, 2016, and 480,000 more on September 1. On October 1, Nolte issued $6,000,000 of 9% convertible bonds. The bonds are dilutive. Each $1,000 bond is convertible into 40 ordinary shares. No bonds have been converted. The number of shares to be used in computing basic earnings per share and diluted earnings per share on December 31, 2016 is