COMPUTATION OF NET INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Computation of basic and diluted net income per share

The following table sets forth the computation of basic and diluted net income per share for the periods presented:

	Year Ended December 31,
	2019		2018		2017
Numerator:
Net income attributable to The Pennant Group, Inc.	$	2,546	$	15,684	$	9,867
Add: net income attributable to noncontrolling interests	629		595		160
Net Income	$	3,175	$	16,279	$	10,027
Denominator:
Weighted average shares outstanding for basic net income per share	27,838		27,834		27,834
Plus: incremental shares from assumed conversion(a)	1,748		—		—
Adjusted weighted average common shares outstanding for diluted income per share	29,586		27,834		27,834
Earnings Per Share:
Basic net income per common share	$	0.11	$	0.58	$	0.36
Diluted net income per common share	$	0.11	$	0.58	$	0.36

(a) Options outstanding which are anti-dilutive and therefore not factored into the weighted average common shares amount above were immaterial for the year ended December 31, 2019.