Earnings Per Share

12 Months Ended

Dec. 31, 2018

EARNINGS PER SHARE

Basic EPS is based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from the vesting of restricted stock awards. The following table shows the computation of basic and diluted EPS for the years ended December 31, 2018, 2017 and 2016:



	Year Ended December 31,
	2018		2017		2016
Numerator:
Net income attributable to UIHC common stockholders	$	290	$	10,145	$	5,698

Denominator:
Weighted-average shares outstanding	42,650,629		37,152,768		21,417,486
Effect of dilutive securities	188,257		222,572		196,957
Weighted-average diluted shares	42,838,886		37,375,340		21,614,443

Earnings available to UIHC common stockholders per share
Basic	$	0.01	$	0.27	$	0.27
Diluted	$	0.01	$	0.27	$	0.26

See Note 19 for additional information on the stock grants related to dilutive securities.