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Note 11 - Earnings Per Share ("EPS") - Reconciliation of Basic to Diluted Weighted Average Shares Outstanding (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income (loss) from continuing operations $ 161 $ (130) $ 204 $ 55
Less: Net income from continuing operations attributable to non-controlling interests 24 0 46 0
Income (loss) attributable to LGL Group common shareholders from continuing operations 137 (130) 158 55
Income (loss) from discontinued operations, net of tax 0 0 0 (28)
Net income (loss) attributable to LGL Group common stockholders $ 137 $ (130) $ 158 $ 27
Weighted average common shares outstanding - basic (in shares) 5,352,937 5,352,937 5,352,937 5,352,937
Warrants (in shares) [1] 125,178 0 190,399 0
Restricted stock (in shares) [1] 4,428 0 5,533 0
Weighted average common shares outstanding - diluted (in shares) [1] 5,482,543 5,352,937 5,548,869 5,352,937
Income (loss) from continuing operations (in dollars per share) [2] $ 0.03 $ (0.02) $ 0.03 $ 0.01
Income (loss) from discontinued operations (in dollars per share) [2] 0 0 0 (0.01)
Net income (loss) attributable to LGL Group common stockholders (in dollars per share) [2] 0.03 (0.02) 0.03 0.01
Income (loss) from continuing operations (in dollars per share) [2] 0.02 (0.02) 0.03 0.01
Income (loss) from discontinued operations (in dollars per share) [2] 0 0 0 (0.01)
Net income (loss) attributable to LGL Group common stockholders (in dollars per share) [2] $ 0.02 $ (0.02) $ 0.03 $ 0.01
[1] For the three and six months ended June 30, 2023, weighted average shares used for calculating earnings per share excludes warrants to purchase 1,051,664 shares of common stock.
[2] Basic and diluted earnings per share are calculated using actual, unrounded amounts. Therefore, the components of earnings per share may not sum to its corresponding total.