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Net Earnings (Loss) per Common Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Net Earnings (Loss) per Common Share

6. Net Earnings (Loss) per Common Share

Basic net earnings per share is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution of convertible debt and restricted stock units. Details of the calculations are as follows:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Net income (loss) attributable to shareholders of

   Manitex International, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

209

 

 

$

1,768

 

 

$

123

 

 

$

6,631

 

Diluted

 

$

209

 

 

$

1,768

 

 

$

123

 

 

$

6,631

 

Earnings (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.01

 

 

$

0.13

 

 

$

0.01

 

 

$

0.48

 

Diluted

 

$

0.01

 

 

$

0.13

 

 

$

0.01

 

 

$

0.48

 

Weighted average common shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

16,014,594

 

 

 

13,822,918

 

 

 

15,955,025

 

 

 

13,817,538

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

16,014,594

 

 

 

13,822,918

 

 

 

15,955,025

 

 

 

13,817,538

 

Dilutive effect of restricted stock units

 

 

24,767

 

 

 

50,239

 

 

 

18,272

 

 

 

45,113

 

 

 

 

16,039,361

 

 

 

13,873,157

 

 

 

15,973,297

 

 

 

13,862,651

 

 

There are 156,361 and 159,839 restricted stock units which are anti-dilutive and therefore not included in the average number of diluted shares shown above for the three and nine months ended September 30, 2015, respectively.