Quarterly report pursuant to Section 13 or 15(d)

Income Per Share

v3.21.2
Income Per Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Income Per Share

7. Income Per Share

 

Basic income per share is calculated based on the weighted-average number of outstanding common shares during the applicable period. Diluted income per share is based on the weighted-average number of outstanding common shares plus the weighted-average number of potential outstanding common shares. In periods where they are anti-dilutive, such amounts are excluded from the calculations of dilutive earnings per share. The following table reconciles the income and average share amounts used to compute both basic and diluted income per share:

                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    (Unaudited)     (Unaudited)  
(Amounts in Thousands, Except for Per Share Amounts)   2021     2020     2021     2020  
Net income (loss) attributable to Perma-Fix Environmental Services,Inc., common stockholders:                                
Income from continuing operations, net of taxes   $ 3,121     $ 260     $ 2,083     $ 1,568  
Net loss attributable to non-controlling interest     (29 )     (29 )     (59 )     (55 )

Income from continuing operations attributable to

Perma-Fix Environmental Services, Inc. common stockholders

    3,150       289       2,142       1,623  
Loss from discontinuing operations attributable to Perma-Fix Environmental Services, Inc. common stockholders     (127 )     (85 )     (242 )     (199 )
Net income attributable to Perma-Fix Environmental Services, Inc. common stockholders   $ 3,023     $ 204     $ 1,900     $ 1,424  
                                 
Basic income per share attributable to Perma-Fix Environmental Services, Inc. common stockholders   $ .25     $ .02     $ .16     $ .12  
                                 
Diluted income per share attributable to Perma-Fix Environmental Services, Inc. common stockholders   $ .24     $ .02     $ .15     $ .12  
                                 
Weighted average shares outstanding:                                
Basic weighted average shares outstanding     12,180       12,135       12,173       12,129  
Add: dilutive effect of stock options     229       134       217       171  
Add: dilutive effect of warrants     31       17       30       20  
Diluted weighted average shares outstanding     12,440       12,286       12,420       12,320  
                                 
Potential shares excluded from above weighted average share calcualtions due to their anti-dilutive effect include:                                
Stock options     12       38       36       38  
Warrant