Actionable news
0
All posts from Actionable news
Actionable news in ESSX: Essex Rental Corporation,

Essex Rental Corporation Just Filed Its Quarterly Report: Earnings per ShareTh...

The following tables set forth the computation of basic and diluted earnings per share (amounts in thousands except share and per share data):

Basic earnings per share ("EPS") is computed by dividing net income by the weighted average number of common shares outstanding during the period. Included in the weighted average number of shares outstanding for the six months ended June 30, 2014 are 493,671 shares of common stock for the effective conversion of the retained interest in Holdings into common stock of the Company. The retained interests were converted to common stock on April 17, 2014. Diluted EPS adjusts basic EPS for the effects of options and restricted stock; only in the periods in which such effect is dilutive.

The weighted average restricted stock outstanding that could be...


More