XML 69 R40.htm IDEA: XBRL DOCUMENT v3.22.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the calculation of basic and diluted EPS:
Year Ended December 31,
202120202019
(In thousands, except per share data)
Net income (loss) attributable to FedNat Holding Company shareholders$(103,100)$(78,158)$1,011 
   
Weighted average number of common shares outstanding - basic16,675 13,846 12,977 
Net income (loss) per common share - basic     ($6.18)($5.64)$0.08 
   
Weighted average number of common shares outstanding - basic16,675 13,846 12,977 
Dilutive effect of convertible debt— — — 
Dilutive effect of stock compensation plans— — 46 
Weighted average number of common shares outstanding - diluted16,675 13,846 13,023 
Net income (loss) per common share - diluted$(6.18)$(5.64)$0.08 
Dividends per share$— $0.36 $0.33 

For the year ended December 31, 2021, we excluded (in thousands) dilutive shares of 2,460 from our weighted average number of common shares outstanding - diluted above because their inclusion, as well as retaining the associated interest expense of $0.7 million currently reflected in net income (loss) available to common shareholders for the EPS numerator, would have been antidilutive.