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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2019
EARNINGS PER SHARE  
Summary of reconciliation of 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