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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table presents the components of basic and diluted earnings (loss) per share (in thousands, except per share amounts):

 

 

 

 

 

Three Months Ended March 31,

 

 

 

 

 

 

 

2022

 

 

2021

 

Net earnings (loss) attributable to Kirby

 

 

 

 

 

$

17,434

 

 

$

(3,375

)

Undistributed earnings allocated to restricted shares

 

 

(3

)

 

 

 

Earnings (loss) available to Kirby common stockholders – basic

 

 

17,431

 

 

 

(3,375

)

Undistributed earnings allocated to restricted shares

 

 

3

 

 

 

 

Undistributed earnings reallocated to restricted shares

 

 

(3

)

 

 

 

Earnings (loss) available to Kirby common stockholders – diluted

 

$

17,431

 

 

$

(3,375

)

 

 

 

 

 

 

 

 

 

 

 

Shares outstanding:

 

 

 

 

 

 

Weighted average common stock issued and outstanding

 

 

60,182

 

 

 

60,074

 

Weighted average unvested restricted stock

 

 

(9

)

 

 

(58

)

Weighted average common stock outstanding – basic

 

 

60,173

 

 

 

60,016

 

Dilutive effect of stock options and restricted stock units

 

 

290

 

 

 

 

Weighted average common stock outstanding – diluted

 

 

60,463

 

 

 

60,016

 

 

 

 

 

 

 

 

Net earnings (loss) per share attributable to Kirby common stockholders:

 

 

 

 

 

 

Basic

 

$

0.29

 

 

$

(0.06

)

Diluted

 

$

0.29

 

 

$

(0.06

)