Accounting And Reporting Policies (Tables)

12 Months Ended

Dec. 31, 2019

As of December 31, 2019, the subsidiaries of the Company are as follows:

		Owned By The LGL Group, Inc.
LGL Systems Acquisition Holding Company, LLC	*		62.2	%
M-tron Systems Holdings, LLC			100.0	%
M-tron Industries, Inc.			100.0	%
Piezo Technology, Inc.			100.0	%
Piezo Technology India Private Ltd.			99.9	%
M-tron Asia, LLC			100.0	%
M-tron Industries, Ltd.			100.0	%
GC Opportunities Ltd.			100.0	%
M-tron Services, Ltd.			100.0	%
Precise Time and Frequency, LLC			100.0	%
Lynch Systems, Inc.			100.0	%
* - Accounted for as an equity method investment

Future Amortization Expense of Finite-Lived Intangible Assets

The estimated aggregate amortization expense for intangible assets, excluding goodwill, for each of the remaining years of the estimated useful life is as follows (in thousands):

2020	$	75
2021		75
2022		75
2023		75
2024		62
Total	$	362

Reconciliation of Basic to Diluted Weighted Average Shares Outstanding

	Years Ended December 31,
	2019		2018
Weighted average shares outstanding - basic		4,883,923		4,748,609
Effect of diluted securities		93,672		126,422
Weighted average shares outstanding - diluted		4,977,595		4,875,031