(In thousands, except share and per share data)

Net income (loss) attributable to Lindblad Expeditions Holdings, Inc.

$

22,515

$

5,638

$

(6,130

)

$

(18,205

)

Series A redeemable convertible preferred stock dividend

1,168

1,098

3,455

3,255

Undistributed income (loss) available to stockholders

$

21,347

$

4,540

$

(9,585

)

$

(21,460

)

Weighted average shares outstanding:

Total weighted average shares outstanding, basic

54,097,365

53,309,336

53,662,237

53,227,642

Dilutive potential common shares

163,798

91,365

-

Dilutive potential options

129,796

1,098

-

Dilutive potential redeemable convertible preferred shares

8,200,206

-

Total weighted average shares outstanding, diluted

62,591,165

53,401,799

53,662,237

53,227,642

Undistributed income (loss) per share available to stockholders:

Basic

$

0.39

$

0.08

$

(0.18

)

$

(0.40

)

Diluted

$

0.36

$

0.08

$

(0.18

)

$

(0.40

)