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Earnings Per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share of Common Stock  
Schedule of basic and diluted earnings (loss) per share of common stock

 

 

 

For the three months ended
June 30,

 

For the six months ended
June 30,

 

 

 

2018

 

2017

 

2018

 

2017

 

 

 

(Dollars in thousands, except per share)

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(127)

 

$

533

 

$

(211)

 

$

1,765

 

Less net income (loss) attributable to participating securities

 

-

 

(1)

 

-

 

(4)

 

 

 

 

 

 

 

 

 

 

 

Income available to common stockholders

 

$

(127)

 

$

532

 

$

(211)

 

$

1,761

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic earnings (loss) per common share

 

26,740,082

 

26,666,740

 

26,752,550

 

26,642,129

 

Add: dilutive effects of assumed exercises of stock options

 

-

 

-

 

-

 

-

 

Add: dilutive effects of unvested restricted stock awards

 

-

 

56,552

 

-

 

63,655

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for diluted earnings (loss) per common share

 

26,740,082

 

26,723,292

 

26,752,550

 

26,705,784

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) per common share - basic

 

$

0.00

 

$

0.02

 

$

(0.01)

 

$

0.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) per common share - diluted

 

$

0.00

 

$

0.02

 

$

(0.01)

 

$

0.07