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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:
Schedule of Earnings Per Share, Basic and Diluted
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|
Three
Months Ended |
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|
Six
Months Ended |
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|
June
30, |
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|
June
30, |
|
| |
|
(Unaudited) |
|
|
(Unaudited) |
|
| (Amounts
in Thousands, Except for Per Share Amounts) |
|
2021 |
|
|
2020 |
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|
2021 |
|
|
2020 |
|
| 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 |
|
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| Basic
income per share attributable to Perma-Fix Environmental Services, Inc. common stockholders |
|
$ |
.25 |
|
|
$ |
.02 |
|
|
$ |
.16 |
|
|
$ |
.12 |
|
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|
|
|
|
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| Diluted
income per share attributable to Perma-Fix Environmental Services, Inc. common stockholders |
|
$ |
.24 |
|
|
$ |
.02 |
|
|
$ |
.15 |
|
|
$ |
.12 |
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| Weighted
average shares outstanding: |
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| 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 |
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| Potential
shares excluded from above weighted average share calcualtions due to their anti-dilutive effect include: |
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|
|
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| Stock
options |
|
|
12 |
|
|
|
38 |
|
|
|
36 |
|
|
|
38 |
|
| Warrant |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Stock Options and Warrants |
|
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