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EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2023

EARNINGS PER SHARE

EARNINGS PER SHARE

18. 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. Basic weighted average common shares outstanding do not include shares of restricted stock that have not yet vested, although such shares are included as outstanding shares in the Company’s balance sheets. 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.

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​	​	​	​	​	​	​
​	​	Year ended
​	​	December 31,
​	​	2023			2022
Numerator:	​	​	​	​	​	​
Net income (in 000's)	​	$	54,460	​	$	67,773
Denominator:	​	​	​	​	​	​
Basic weighted-average common shares outstanding	​	​	24,385,190	​	​	24,357,785
Effect of dilutive securities:	​	​	​	​	​	​
Restricted stock grants	​	​	2,283	​	​	13,286
Stock options	​	​	683,153	​	​	371,348
Diluted weighted-average common shares outstanding	​	​	25,070,626	​	​	24,742,419
Earnings per share attributable to Legacy Housing Corporation	​	​	​	​	​	​
Basic	​	$	2.23	​	$	2.78
Diluted	​	$	2.17	​	$	2.74

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- References

No definition available.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-3

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