Arlington Asset Investment Corp. Just Filed Its Quarterly Report: Note 13. Earnings (L...


Note 13. Earnings (Loss) Per Share


Basic earnings (loss) per share includes no dilution and is computed by dividing net income or loss applicable to common stock by the weighted-average number of common shares outstanding for the respective period. Diluted earnings per share includes the impact of dilutive securities such as unvested shares of restricted stock, restricted stock units, and performance share units. The follo wing tables present the computations of basic and diluted earnings (loss) per share for the periods indicated:


 







































































































































 


Three Months Ended June 30,


 


 


Six Months Ended June 30,


 


(Shares in thousands)


2021


 


 


2020


 


 


2021


 


 


2020


 


Basic weighted-average common shares outstanding


 


33,066


 


 


 


36,618


 


 


 


33,123


 


 


 


36,665


 


Performance share units, unvested restricted stock units,


   and unvested restricted stock


 



 


 


 


48


 


 


 



 


 


 



 


Diluted weighted-average common shares outstanding


 


33,066


 


 


 


36,666


 


 


 


33,123


 


 


 


36,665


 


Net (loss) income (attributable) available to common stock


$


(7,782


)


 


$


9,476


 


 


$


(14,545


)


 


$


(85,468


)


Basic (loss) earnings per common share


$


(0.24


)


 


$


0.26


 


 


$


(0.44


)


 


$


(2.33


)


Diluted (loss) earnings per common share


$


(0.24


)


 


$


0.26


 


 


$


(0.44


)


 


$


(2.33


)


 


 The diluted loss per share for the three months and six months ended June 30, 2021 did not include the antidilutive effect of 358,127 and 310,769 shares of unvested shares of restricted stock, restricted stock units, and performance share units, respectively. The diluted loss per share for the six months ended June 30, 2020 did not include the antidilutive effect of 76,836 shares of unvested shares of restricted stock, restricted stock units, and performance share units.


 

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

To receive a free e-mail notification whenever Arlington Asset Investment Corp. makes a similar move, sign up!

Other recent filings from the company include the following:

Arlington Asset Investment Corp. Just Filed Its Quarterly Report: Note 14. Earnings (L... - Aug. 15, 2022

Auto Refresh

Feedback