Net income / (loss) attributable to Cohen & Company Inc.

$

2,023

$

(2,637

)

Add: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. (1)

5,213

(7,514

)

Add / (deduct): Adjustment (2)

(31

)

435

Net income / (loss) on a fully converted basis

$

7,205

$

(9,716

)

Weighted average common shares outstanding - Basic

1,581,390

1,489,515

Unrestricted LLC Units exchangeable into Cohen & Company Inc. shares (1)

4,051,423

3,997,968

Restricted units or shares

12,273

-

Weighted average common shares outstanding - Diluted (3)

5,645,086

5,487,483

Net income / (loss) per common share - Basic

$

1.28

$

(1.77

)

Net income / (loss) per common share - Diluted

$

1.28

$

(1.77

)