XML 43 R26.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per share
Reconciliations of basic and diluted EPS were as follows:
 
Three Months Ended June 30,
In thousands, except per share amounts
2019
 
2018
Net loss
$
(3,803
)
 
$
(6,734
)
Less: Preferred stock dividends
124

 
124

Loss attributable to common stockholders
$
(3,927
)
 
$
(6,858
)
 
 
 
 
Basic loss per Common Share
 
 
 
Weighted-average common shares outstanding
6,272

 
6,226

Basic loss per common share
$
(0.63
)
 
$
(1.10
)
 
 
 
 
Diluted Loss per Common Share
 

 
 

Weighted-average shares used to compute earnings/(loss) per share attributable to common shares
6,272

 
6,226

Diluted Loss per common share
$
(0.63
)
 
$
(1.10
)
 
 
 
 
Computation of Shares Used in Diluted Loss Per Common Share
 

 
 

Weighted-average common shares outstanding
6,272

 
6,226

Shares used in diluted loss per common share computations
6,272

 
6,226

 
 
Six Months Ended June 30,
In thousands, except per share amounts
 
2019
 
2018
Numerator:
 
 
 
 
   Net (loss) income
 
$
(17,330
)
 
$
25,893

   Less: Preferred stock dividend
 
246

 
207

   Less: Earnings attributable to participating securities
 
—

 
3,059

Numerator for basic EPS: (loss) income attributable to common stockholders
 
$
(17,576
)
 
$
22,627

 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
   Add back: Allocation of earnings to participating securities
 
—

 
3,059

   Less: Re-allocation of earnings to participating securities considering potentially dilutive securities
 
—

 
(3,046
)
Numerator for diluted EPS
 
$
(17,576
)
 
$
22,640

 
 
 
 
 
Denominator:
 
 
 
 
Basic EPS denominator: weighted-average common shares outstanding
 
6,270

 
6,220

 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
   Unvested shares
 
—

 
30

Diluted EPS denominator
 
6,270

 
6,250

 
 
 
 
 
Basic (loss) earnings per common share
 
$
(2.80
)
 
$
3.64

Diluted (loss) earnings per common share
 
$
(2.80
)
 
$
3.62