Tile Shop Hldgs Just Filed Its Quarterly Report: Note 5: Earnings ...

Note 5: Earnings Per Share



Basic earnings per share is calculated by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is calculated by dividing net income by the weighted-average number of common shares outstanding, after taking into consideration all dilutive potential shares outstanding during the period.



Basic and diluted earnings per share were calculated as follows:





 

 

 

 

 

 



 

 

 

 

 

 



(all amounts in thousands except share and per share data)



 

For the three months ended



 

March 31,



 

2019

 

2018

Net income

 

$

1,320 

 

$

4,011 

Weighted average shares outstanding - basic

 

 

51,961,780 

 

 

51,881,681 

Effect of dilutive securities attributable to stock based awards

 

 

76,216 

 

 

17,529 

Weighted average shares outstanding - diluted

 

 

52,037,996 

 

 

51,899,210 

Income per common share:

 

 

 

 

 

 

Basic

 

$

0.03 

 

$

0.08 

Dilutive

 

$

0.03 

 

$

0.08 

Anti-dilutive securities excluded from earnings per share calculation

 

 

1,639,659 

 

 

1,971,066 



The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Departure of Directors or Certain - March 24, 2020
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Tile Shop Hldgs Just Filed Its Annual Report: Note 10: Earnings... - March 13, 2020

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