Earnings per Share

9 Months Ended

Sep. 30, 2019

Earnings per Share [Abstract]

Earnings per Share

Note 2.  Earnings per Share

Basic earnings (loss) per share are determined by dividing earnings (loss) by the weighted average number of common shares outstanding during each period.  Diluted earnings per share include the potential dilutive effect of restricted stock units and shares held in the Company’s Supplemental Executive Retirement Plan.

The following table sets forth net income (loss) attributable to controlling interest and the number of basic and diluted shares used in the computation of earnings per share:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Numerator:
Net income (loss) attributable to controlling interest	$	3,010	$	6,995	$	40,662	$	(13,411	)
Denominator:
Denominator for basic earnings (loss) per share		22,523		22,923		22,510		23,009
Effect of dilutive securities:
Restricted stock units		112		104		107		–
Supplemental Executive Retirement Plan		49		57		49		–
Denominator for diluted earnings (loss) per share		22,684		23,084		22,666		23,009