Income Per Share |
Note 18. Income Per Share
The following is a reconciliation of the numerators and denominators of the basic and diluted EPS computations of net income:
| | Three Months Ended June 30, | | | | 2019 | | | 2018 | | | | Income | | | Shares | | | Per Share | | | Income | | | Shares | | | | | Consolidated net income | | $ | 13,205 | | | | | | | | | $ | 9,319 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Basic EPS: | | | | | | | | | | | | | | | | | | | | | Weighted average | | | | | | | 19,621,695 | | | $ | 0.67 | | | | | | | | 19,268,625 | | | $ | 0.48 | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted EPS: | | | | | | | | | | | | | | | | | | | | | | | | | Effect of dilutive securities: | | | | | | | | | | | | | | | | | | | | | | | | | Stock options | | | | | | | 510,285 | | | | | | | | | | | | 520,240 | | | | | | | | | | | | | 20,131,980 | | | $ | 0.66 | | | | | | | | 19,788,865 | | | $ | 0.47 | |
| | Six Months Ended June 30, | | | | 2019 | | | 2018 | | | | Income | | | Shares | | | | | | Income | | | Shares | | | | | Net income attributable to Turning Point Brands, Inc. | | $ | 19,765 | | | | | | | | | $ | 12,351 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Basic EPS: | | | | | | | | | | | | | | | | | | | | | Weighted average | | | | | | | 19,590,817 | | | $ | 1.01 | | | | | | | | 19,245,388 | | | $ | 0.64 | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted EPS: | | | | | | | | | | | | | | | | | | | | | | | | | Effect of dilutive securities: | | | | | | | | | | | | | | | | | | | | | | | | | Stock options | | | | | | | 305,142 | | | | | | | | | | | | 542,458 | | | | | | | | | | | | | 19,895,959 | | | $ | 0.99 | | | | | | | | 19,787,846 | | | $ | 0.62 | |
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