XML 29 R17.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Earnings per Share | 6 Months Ended
--- | ---
Jun. 30, 2018
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | Note 11 – Earnings per Share Diluted EPS assumes the dilutive effect of outstanding common stock warrants, UPOs and RSUs, all using the treasury stock method, and the dilutive effect of the Class A Preferred Stock, using the “if-converted” method.
|  | Three months ended June 30, |  |  | Six months ended June 30, |
(in thousands, except per share amounts) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
EPS numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 709 |  |  | $ | 669 |  |  | $ | (1,715 | ) |  | $ | (545 | )
Less: Premium paid on redemption of redeemable convertible preferred stock |  |  | - |  |  |  | 244 |  |  |  | 2,219 |  |  |  | 482 |
Less: Undistributed preferred stock dividends |  |  | - |  |  |  | - |  |  |  | (113 | ) |  |  | - |
Net income (loss) attributable to Limbach Holdings, Inc. common stockholders |  | $ | 709 |  |  | $ | 425 |  |  | $ | (3,821 | ) |  | $ | (1,027 | )
EPS denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding – basic |  |  | 7,543 |  |  |  | 7,455 |  |  |  | 7,542 |  |  |  | 7,455 |
Impact of dilutive securities |  |  | 265 |  |  |  | 340 |  |  |  | - |  |  |  | - |
Weighted average shares outstanding – diluted |  |  | 7,808 |  |  |  | 7,795 |  |  |  | 7,542 |  |  |  | 7,455 |
Basic EPS attributable to common stockholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net earnings (loss) attributable to Limbach Holdings, Inc. common stockholders |  | $ | 0.09 |  |  | $ | 0.06 |  |  | $ | (0.51 | ) |  | $ | (0.14 | )
Diluted EPS attributable to common stockholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net earnings (loss) attributable to Limbach Holdings, Inc. common stockholders |  | $ | 0.09 |  |  | $ | 0.05 |  |  | $ | (0.51 | ) |  | $ | (0.14 | )
The following table summarizes the securities that were antidilutive, and therefore, were not included in the computations of diluted loss per common share:
|  | Three months ended June 30, |  |  | Six months ended Ju ne 30, |
|  | ‎ 2018 |  |  | ‎ 2017 |  |  | 2018 |  |  | 2017 |
Warrants (See Note 8) |  |  | - |  |  |  | - |  |  |  | 277,640 |  |  |  | 515,310 |
Class A Preferred Stock (See Note 9) |  |  | - |  |  |  | 800,000 |  |  |  | 34,033 |  |  |  | 800,000 |
Stock-based compensation (See Note 17) |  |  | - |  |  |  | - |  |  |  | 76,972 |  |  |  | - |
UPOs (See Note 8) |  |  | - |  |  |  | - |  |  |  | 4,502 |  |  |  | 5,915 |
Total |  |  |  |  |  |  | 800,000 |  |  |  | 393,147 |  |  |  | 1,321,225 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration