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Earnings Per Share (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2019
Dec. 31, 2018
Net Income Per Share    
Schedule of net income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30, 

 

Six months ended June 30, 

 

    

2019

    

2018

    

2019

    

2018

 

 

(in thousands, except shares and per share data)

 

(in thousands, except shares and per share data)

Net income (loss)

 

$

6,698

 

$

6,934

 

$

(7,712)

 

$

12,527

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

21,975,962

 

 

17,000,000

 

 

19,501,727

 

 

17,000,000

Common Share equivalents

 

 

129,047

 

 

 —

 

 

 —

 

 

 —

Diluted

 

 

22,105,009

 

 

17,000,000

 

 

19,501,727

 

 

17,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.30

 

$

0.41

 

$

(0.40)

 

$

0.74

Diluted

 

$

0.30

 

$

0.41

 

$

(0.40)

 

$

0.74

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended

 

 

December 31,

 

    

2018

    

2017

    

2016

 

 

(in thousands,

 

 

except shares and per share data)

Net Income

 

$

18,219

 

$

3,783

 

$

6,614

Weighted average shares used in computing net income per share

 

 

17,000,000

 

 

17,000,000

 

 

17,000,000

Net Income per share, basic and diluted

 

$

1.07

 

$

0.22

 

$

0.39