Earnings per Share

3 Months Ended

Mar. 31, 2020

EARNINGS PER SHARE (EPS)

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 outstanding restricted stock awards, restricted stock units, performance stock units and stock options. The following table shows the computation of basic and diluted EPS for the three-month periods ended March 31, 2020 and 2019, respectively:



	Three Months Ended March 31,
	2020			2019
Numerator:
Net income (loss) attributable to UIHC common stockholders	$	(12,723	)	$	9,469

Denominator:
Weighted-average shares outstanding	42,805,527			42,696,681
Effect of dilutive securities	—			289,803
Weighted-average diluted shares	42,805,527			42,986,484

Earnings available to UIHC common stockholders per share
Basic	$	(0.30	)	$	0.22
Diluted	$	(0.30	)	$	0.22

See Note 15 of these Notes to Unaudited Condensed Consolidated Financial Statements for additional information on the stock grants related to dilutive securities.