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Earnings Per Share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share  
Earnings Per Share

Note 10 – Earnings Per Share

 

The earnings per share, both basic and diluted, are included below as of March 31:

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

 

 

    

2020

    

2019

    

    

Basic earnings per share:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,929,763

 

 

29,845,653

 

 

Net income

 

$

275

 

$

8,468

 

 

Basic earnings per share

 

$

0.01

 

$

0.28

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,929,763

 

 

29,845,653

 

 

Dilutive effect of unvested restricted awards 1

 

 

560,842

 

 

497,978

 

 

Diluted average common shares outstanding

 

 

30,490,605

 

 

30,343,631

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

275

 

$

8,468

 

 

Diluted earnings per share

 

$

0.01

 

$

0.28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1 Includes the common stock equivalents for restricted share rights that are dilutive.