Basic and Diluted Net Earnings Per Share |
Basic net earnings per share is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution of restricted stock units. Details of the calculations are as follows:
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Net (loss) income attributable to shareholders of Manitex
International, Inc. |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net (loss) income from continuing operations |
|
$ |
(21,775 |
) |
|
$ |
(5,261 |
) |
|
$ |
7,043 |
|
|
Less: loss (income) attributable to noncontrolling interest |
|
|
574 |
|
|
|
(48 |
) |
|
|
136 |
|
|
Net (loss) income from continuing operations
attributable to shareholders of Manitex International,
Inc. |
|
|
(21,201 |
) |
|
|
(5,309 |
) |
|
|
7,179 |
|
|
Income (loss) from operations of discontinued
operations, net of income taxes |
|
|
556 |
|
|
|
1,315 |
|
|
|
(76 |
) |
|
(Loss) on sale of discontinued operations , net of income
tax benefit |
|
|
(14,515 |
) |
|
|
(1,378 |
) |
|
|
— |
|
|
Net (loss) income attributable to shareholders of
Manitex International, Inc. |
|
$ |
(35,160 |
) |
|
$ |
(5,372 |
) |
|
$ |
7,103 |
|
|
(Loss) earnings per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) earnings from continuing operations attributable
to shareholders' of Manitex International, Inc. |
|
$ |
(1.31 |
) |
|
$ |
(0.33 |
) |
|
$ |
0.52 |
|
|
(Loss) earnings from operations of discontinued
operations attributable to shareholders of Manitex
International, Inc., net of tax |
|
$ |
0.03 |
|
|
$ |
0.08 |
|
|
$ |
(0.01 |
) |
|
(Loss) on sale of discontinued operations attributable to
shareholders of Manitex International, Inc., net of tax |
|
$ |
(0.90 |
) |
|
$ |
(0.09 |
) |
|
$ |
— |
|
|
(Loss) earnings attributable to shareholders of Manitex
International, Inc. |
|
$ |
(2.18 |
) |
|
$ |
(0.34 |
) |
|
$ |
0.51 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) earnings from continuing operations attributable
to shareholders of Manitex International, Inc. |
|
$ |
(1.31 |
) |
|
$ |
(0.33 |
) |
|
$ |
0.52 |
|
|
(Loss) earnings from operations of discontinued
operations attributable to shareholders of Manitex
International, Inc., net of tax |
|
$ |
0.03 |
|
|
$ |
0.08 |
|
|
$ |
(0.01 |
) |
|
(Loss) on sale of discontinued operations attributable to
shareholders of Manitex International, Inc., net of tax |
|
$ |
(0.90 |
) |
|
$ |
(0.09 |
) |
|
$ |
— |
|
|
(Loss) earnings attributable to shareholders of Manitex
International, Inc. |
|
$ |
(2.18 |
) |
|
$ |
(0.34 |
) |
|
$ |
0.51 |
|
|
Weighted average common shares outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
16,133,284 |
|
|
|
15,970,074 |
|
|
|
13,858,189 |
|
|
Diluted |
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
16,133,284 |
|
|
|
15,970,074 |
|
|
|
13,858,189 |
|
|
Dilutive effect of warrants |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Dilutive effect of restricted stock units |
|
|
— |
|
|
|
— |
|
|
|
46,100 |
|
|
|
|
|
16,133,284 |
|
|
|
15,970,074 |
|
|
|
13,904,289 |
|
|