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Note 11 - Earnings Per Share ("EPS") - Reconciliation of Basic to Diluted Weighted Average Shares Outstanding (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income from continuing operations $ 90 $ 130 $ 294 $ 185
Less: Net income from continuing operations attributable to non-controlling interests 18 22 64 22
Income attributable to LGL Group common shareholders from continuing operations 72 108 230 163
Income (loss) from discontinued operations, net of tax 0 0 0 (28)
Net income attributable to LGL Group common stockholders $ 72 $ 108 $ 230 $ 135
Weighted average common shares outstanding - basic (in shares) 5,352,937 5,352,937 5,352,937 5,352,937
Warrants (in shares) [1] 172,266 2,069 183,915 0
Restricted stock (in shares) [1] 6,766 0 6,943 0
Weighted average common shares outstanding - diluted (in shares) [1] 5,531,969 5,355,006 5,543,795 5,352,937
Income from continuing operations (in dollars per share) [2] $ 0.01 $ 0.02 $ 0.04 $ 0.03
Income (loss) from discontinued operations (in dollars per share) [2] 0 0 0 (0.01)
Net income attributable to LGL Group common stockholders (in dollars per share) [2] 0.01 0.02 0.04 0.03
Income from continuing operations (in dollars per share) [2] 0.01 0.02 0.04 0.03
Income (loss) from discontinued operations (in dollars per share) [2] 0 0 0 (0.01)
Net income attributable to LGL Group common stockholders (in dollars per share) [2] $ 0.01 $ 0.02 $ 0.04 $ 0.03
[1] For the three and six months ended June 30, 2023, weighted average shares used for calculating earnings per share excludes warrants to purchase 1,051,664 shares of common stock.
[2] Basic and diluted earnings per share are calculated using actual, unrounded amounts. Therefore, the components of earnings per share may not sum to its corresponding total.