XML 32 R21.htm IDEA: XBRL DOCUMENT v3.19.1

EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2019

EARNINGS PER SHARE

EARNINGS PER SHARE

14. EARNINGS PER SHARE

Basic earnings per common share (“EPS”) is computed based on the weighted‑average number of common shares outstanding during each reporting period. Diluted EPS is based on the weighted-average number of common shares outstanding plus the number of additional shares that would have been outstanding had the dilutive common shares been issued. The following table reconciles the numerators and denominators used in the computations of both basic and diluted EPS.

		Three months ended
		March 31,
		2019			2018
Numerator:
Net income (in 000's)		$	7,213		$	5,361
Denominator:
Basic weighted-average common shares outstanding			24,516,762			20,000,000
Effect of dilutive securites:
Restricted stock grants			54,326			-
Diluted weighted-average common shares outstanding			24,571,088			20,000,000
Earnings per share attributable to Legacy Housing Corp
Basic		$	0.29		$	0.27
Diluted		$	0.29		$	0.27

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