EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2022

Basic and diluted earnings per share were calculated as follows:


	Year Ended December 31,
	2022		2021		2020
Net (loss) income attributable to B. Riley Financial, Inc.	$	(159,829)	$	445,054	$	205,148
Preferred stock dividends	(8,008)		(7,457)		(4,710)
Net (loss) income applicable to common shareholders	$	(167,837)	$	437,597	$	200,438

Weighted average common shares outstanding:
Basic	28,188,530		27,366,292		25,607,278
Effect of dilutive potential common shares:
Restricted stock units and warrants	—		1,514,728		901,119
Contingently issuable shares	—		124,582		—
Diluted	28,188,530		29,005,602		26,508,397

Basic (loss) income per common share	$	(5.95)	$	15.99	$	7.83
Diluted (loss) income per common share	$	(5.95)	$	15.09	$	7.56