XML 39 R22.htm IDEA: XBRL DOCUMENT
v3.20.4

EARNINGS PER SHARE | 12 Months Ended
--- | ---
Dec. 31, 2020
EARNINGS PER SHARE |
EARNINGS PER SHARE | 15. EARNINGS PER SHARE Basic earnings per common share (“EPS”) is computed based on the weighted-average number of common shares outstanding during the 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.
|  | Year ended
|  | December 31,
|  | 2020 |  | 2019
Numerator: |  |  |  |  |  |
Net income (in 000's) |  | $ | 37,995 |  | $ | 28,844
Denominator: |  |  |  |  |  |
Basic weighted-average common shares outstanding |  |  | 24,226,128 |  |  | 24,379,667
Effect of dilutive securities: |  |  |  |  |  |
Restricted stock grants |  |  | - |  |  | 26,396
Stock options |  |  | 10,267 |  |  | 30,891
Diluted weighted-average common shares outstanding |  |  | 24,236,395 |  |  | 24,436,954
Earnings per share attributable to Legacy Housing Corporation |  |  |  |  |  |
Basic |  | $ | 1.57 |  | $ | 1.18
Diluted |  | $ | 1.57 |  | $ | 1.18
The diluted earnings per share calculation excludes 35,935 and 143,027 potential shares for the years ended December 31, 2020 and 2019, respectively, because the effect of including these potential shares would be antidilutive.

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