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Note 11 - Earnings Per Share
 3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

11)

EARNINGS PER SHARE

 

In the three months ended March 31, 2022 and 2021, FutureFuel used the treasury method in computing earnings per share.

 

Basic and diluted losses) per common share were computed as follows:  

 

  Three Months Ended March 31, 
  2022  2021 

Numerator:

        

Net loss

 $(12,398) $(8,773)

Denominator:

        

Weighted average shares outstanding – basic

  43,763,243   43,743,243 

Effect of dilutive securities:

        

Stock options and other awards

  -   - 

Weighted average shares outstanding – diluted

  43,763,243   43,743,243 
         

Basic loss per share

 $(0.28) $(0.20)

Diluted loss per share

 $(0.28) $(0.20)


For the three months ended March 31, 2022 and 2021, 24,000 and 44,000 options to purchase FutureFuel’s common stock were excluded in the computation of diluted earnings per share as all were anti-dilutive.