XML 34 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

11.  EARNINGS PER SHARE



Basic earnings per share, or EPS, is calculated by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period.



The basic and diluted EPS are calculated as follows (in thousands):





 

 

 

 

 

 

 

 

 

 

 



Three Months Ended
June 30,

 

Six Months Ended
June 30,



2018

 

2017

 

2018

 

2017

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Green Plains

$

 (994)

 

$

 (16,366)

 

$

 (25,111)

 

$

 (19,963)

Weighted average shares outstanding - basic

 

 40,194 

 

 

 40,220 

 

 

 40,168 

 

 

 39,326 

EPS - basic

$

 (0.02)

 

$

 (0.41)

 

$

 (0.63)

 

$

 (0.51)



 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Green Plains

$

 (994)

 

$

 (16,366)

 

$

 (25,111)

 

$

 (19,963)

Weighted average shares outstanding - diluted

 

 40,194 

 

 

 40,220 

 

 

 40,168 

 

 

 39,326 

EPS  - diluted

$

 (0.02)

 

$

 (0.41)

 

$

 (0.63)

 

$

 (0.51)



Excluded from the computation of diluted EPS were 10.2 million and 10.1 million shares related to the effect of the convertible debt and stock-based compensation awards for the three and six months ended June 30, 2018, respectively, and 10.7 million shares and 11.3 million shares for the three and six months ended June 30, 2017, as the inclusion of these shares would have been antidilutive.