XML 22 R12.htm IDEA: XBRL DOCUMENT v3.21.2
Note 6 - Per Share Amounts
 6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 6.    Per Share Amounts

 

Per share information has been computed based on the weighted average number of common shares and dilutive common share equivalents outstanding. Based on the guidance provided in accordance with ASC 260 Earnings Per Share (“ASC 260”), potentially dilutive common stock equivalents, such as diluted stock options, are not considered when their inclusion in reporting earnings per share would be dilutive to reported losses incurred per share. Because the Company reported a loss for the three and six-month periods ended June 30, 2021, the potentially dilutive effects of approximately 48,000 and 42,000, of the Company’s stock options and 21,000 and 21,000, respectively, of the Company's unvested restricted stock awards were not considered for the reporting periods. 

 

The following table sets forth the computation of basic and diluted earnings per share for the three and six-month periods ended June 30, 2021 and 2020:

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2021

  

2020

  

2021

  

2020

 

Net (loss) attributable to American Shared Hospital Services

 $(87,000) $(483,000) $(58,000) $(618,000)
                 

Weighted average common shares for basic earnings per share

  5,802,000   6,008,000   5,801,000   6,066,000 

Diluted effect of stock options and restricted stock awards

  -   69,000   -   69,000 

Weighted average common shares for diluted earnings per share

  5,802,000   6,077,000   5,801,000   6,135,000 
                 

Basic (loss) per share

 $(0.01) $(0.08) $(0.01) $(0.10)

Diluted (loss) per share

 $(0.01) $(0.08) $(0.01) $(0.10)