Per Share Information

3 Months Ended

Dec. 31, 2018

5. PER SHARE INFORMATION

The following tables reconcile the components of basic and diluted earnings per share for the three months ended December 31, 2018, and 2017:

	Three Months Ended December 31,
	2018		2017
Numerator:
Net income (loss) attributable to IES Holdings, Inc.	$	6,884	$	(29,569)

Denominator:
Weighted average common shares outstanding — basic		21,233,132		21,196,854
Effect of dilutive stock options and non-vested restricted stock		27,933		-
Weighted average common and common equivalent shares outstanding — diluted		21,261,065		21,196,854

Earnings (loss) per share attributable to IES Holdings, Inc.:
Basic	$	0.32	$	(1.39)
Diluted	$	0.32	$	(1.39)

	Three Months Ended December 31,
	2018		2017
Numerator:
Net income (loss) attributable to common shareholders of IES Holdings, Inc.	$	(18,565)	$	10,195
Decrease in noncontrolling interest		(44)		-
Net income (loss) attributable to restricted shareholders of IES Holdings, Inc.		25,493		(39,764)
Net income (loss) attributable to IES Holdings, Inc.	$	6,884	$	(29,569)

Denominator:
Weighted average common shares outstanding — basic		21,233,132		21,196,854
Effect of dilutive stock options and non-vested restricted stock		27,933		-
Weighted average common and common equivalent shares outstanding — diluted		21,261,065		21,196,854

Earnings (loss) per share attributable to IES Holdings, Inc.:
Basic	$	0.32	$	(1.39)
Diluted	$	0.32	$	(1.39)

When an entity has a net loss, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, we have utilized basic shares outstanding to calculate both basic and diluted loss per share for the three months ended December 31, 2017. The number of potential anti-dilutive shares excluded from the calculation was 255,306 shares. For the three months ended December 31, 2018, the average price of our common shares exceeded the exercise price of all of our outstanding options; therefore, all of our outstanding stock options were included in the computation of fully diluted earnings per share.