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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 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 |  | Nine months ended
|  | September 30, |  | September 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income (in 000's) |  | $ | 6,138 |  | $ | 6,486 |  | $ | 21,984 |  | $ | 18,735
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Basic weighted-average common shares outstanding |  |  | 24,317,143 |  |  | 20,000,000 |  |  | 24,400,534 |  |  | 20,000,000
Effect of dilutive securites: |  |  |  |  |  |  |  |  |  |  |  |
Restricted stock grants |  |  | 21,696 |  |  | - |  |  | 20,821 |  |  | -
Diluted weighted-average common shares outstanding |  |  | 24,338,839 |  |  | 20,000,000 |  |  | 24,421,355 |  |  | 20,000,000
Earnings per share attributable to Legacy Housing Corporation |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.25 |  | $ | 0.32 |  | $ | 0.90 |  | $ | 0.94
Diluted |  | $ | 0.25 |  | $ | 0.32 |  | $ | 0.90 |  | $ | 0.94

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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