Earnings Per Share

6 Months Ended

Jun. 30, 2021

NW Holdings' diluted earnings or loss per share are calculated as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
In thousands, except per share data	2021		2020		2021		2020
Net income (loss) from continuing operations	$	(724)	$	(5,132)	$	58,793	$	43,144
Income (loss) from discontinued operations, net of tax	—		280		—		(498)
Net income (loss)	$	(724)	$	(4,852)	$	58,793	$	42,646
Average common shares outstanding - basic	30,664		30,537		30,639		30,514
Additional shares for stock-based compensation plans (See Note 7)	—		—		32		45
Average common shares outstanding - diluted	30,664		30,537		30,671		30,559
Earnings (loss) from continuing operations per share of common stock:
Basic	$	(0.02)	$	(0.17)	$	1.92	$	1.41
Diluted	$	(0.02)	$	(0.17)	$	1.92	$	1.41
Earnings (loss) from discontinued operations per share of common stock:
Basic	$	—	$	0.01	$	—	$	(0.01)
Diluted	$	—	$	0.01	$	—	$	(0.01)
Earnings (loss) per share of common stock:
Basic	$	(0.02)	$	(0.16)	$	1.92	$	1.40
Diluted	$	(0.02)	$	(0.16)	$	1.92	$	1.40
Additional information:
Anti-dilutive shares	48		41		7		—