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Income Per Share
6 Months Ended
Jun. 30, 2020
Income Per Share [Abstract]  
Income Per Share 17. Income Per Share

The following table presents a reconciliation between basic and diluted earnings per share:

Three Months Ended

Six Months Ended

June 30, 2020

June 30, 2019

June 30, 2020

June 30, 2019

Numerator:

Loss from continuing operations before discontinued operations

$

(2,274)

$

(3,509)

$

(4,253)

$

(2,541)

Loss from discontinued operations (Note 5)

-

(1,521)

-

(1,713)

Less: Income allocated to non-controlling interest

(7)

-

(7)

-

Net loss attributable to IntriCon shareholders

$

(2,281)

$

(5,030)

$

(4,260)

$

(4,254)

Denominator:

Basic – weighted shares outstanding

8,881

8,743

8,847

8,724

Weighted shares assumed upon exercise of stock awards

-

-

-

-

Diluted – weighted shares outstanding

8,881

8,743

8,847

8,724

Basic loss per share attributable to IntriCon shareholders:

Continuing operations

$

(0.26)

$

(0.40)

$

(0.48)

$

(0.29)

Discontinued operations

-

(0.17)

-

(0.20)

Net loss per share:

$

(0.26)

$

(0.57)

$

(0.48)

$

(0.49)

Diluted loss per share attributable to IntriCon shareholders:

Continuing operations

$

(0.26)

$

(0.40)

$

(0.48)

$

(0.29)

Discontinued operations

-

(0.17)

-

(0.20)

Net loss per share:

$

(0.26)

$

(0.57)

$

(0.48)

$

(0.49)

Earnings per common share was based on the weighted average number of common shares outstanding during the periods when computing the basic earnings per share. Stock option are dilutive when the average market price of Company stock exceeds the exercise price of the potentially dilutive options. When dilutive, stock options are included as equivalents using the treasury stock method when computing the diluted earnings per share. Shares represented by RSUs are also included in the dilution calculation.

For the three and six months ended June 30, 2020, weighted average options and RSU’s outstanding of 882 and 894, respectively, were excluded from the dilutive calculation as their effect would have been antidilutive based on losses in the period. For the three and six months ended June 30, 2019, weighted average options and RSU’s outstanding of 701 and 712, respectively, were excluded from the dilutive calculation as their effect would have been antidilutive based on losses in the period.