| 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 (loss) and average share amounts used to compute both basic and diluted income per share:
| |
|
Three Months Ended |
|
|
Nine Months Ended |
|
| |
|
September 30, |
|
|
September 30, |
|
| (Amounts in Thousands, |
|
(Unaudited) |
|
|
(Unaudited) |
|
| Except for Per Share Amounts) |
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income attributable to Perma-Fix Environmental Services, Inc., common stockholders: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income from continuing operations, net of taxes |
|
$ |
1,481 |
|
|
|
1,895 |
|
|
|
3,049 |
|
|
|
1,719 |
|
| Net loss attributable to non-controlling interest |
|
|
(32 |
) |
|
|
(29 |
) |
|
|
(87 |
) |
|
|
(90 |
) |
| Income from continuing operations attributable to Perma-Fix Environmental Services, Inc. common stockholders |
|
$ |
1,513 |
|
|
$ |
1,924 |
|
|
$ |
3,136 |
|
|
$ |
1,809 |
|
| Loss from discontinuing operations attributable to Perma-Fix Environmental Services, Inc. common stockholders |
|
|
(67 |
) |
|
|
(156 |
) |
|
|
(266 |
) |
|
|
(424 |
) |
| Net income attributable to Perma-Fix Environmental Services, Inc. common stockholders |
|
$ |
1,446 |
|
|
$ |
1,768 |
|
|
$ |
2,870 |
|
|
$ |
1,385 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic income per share attributable to Perma-Fix Environmental Services, Inc. common stockholders |
|
$ |
.12 |
|
|
$ |
.15 |
|
|
$ |
.24 |
|
|
$ |
.12 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diluted income per share attributable to Perma-Fix Environmental Services, Inc. common stockholders |
|
$ |
.12 |
|
|
$ |
.15 |
|
|
$ |
.23 |
|
|
$ |
.11 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic weighted average shares outstanding |
|
|
12,145 |
|
|
|
12,070 |
|
|
|
12,134 |
|
|
|
12,029 |
|
| Add: dilutive effect of stock options |
|
|
201 |
|
|
|
47 |
|
|
|
181 |
|
|
|
29 |
|
| Add: dilutive effect of warrant |
|
|
25 |
|
|
|
6 |
|
|
|
22 |
|
|
|
3 |
|
| Diluted weighted average shares outstanding |
|
|
12,371 |
|
|
|
12,123 |
|
|
|
12,337 |
|
|
|
12,061 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Potential shares excluded from above weighted average share calculations due to their anti-dilutive effect include: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock options |
|
|
30 |
|
|
|
159 |
|
|
|
42 |
|
|
|
165 |
|
| Warrant |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|