Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.20.4
Earnings Per Share (Tables)
3 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Earnings Per Share

The following table presents the computation of basic and diluted net earnings per share:

 

 

 

Three Months Ended December 31,

 

 

 

2020

 

 

2019

 

Basic

 

 

 

 

 

 

 

 

Net income

 

$

5,413

 

 

$

547

 

 

 

 

 

 

 

 

Net income applicable to common stock

 

$

5,413

 

 

$

547

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

1,568,213

 

 

 

1,806,746

 

Basic income per share

 

$

3.45

 

 

$

0.30

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

Net income applicable to common stock

 

$

5,413

 

 

$

547

 

Add: preferred stock dividends

 

 

 

 

 

 

Net income applicable for diluted earnings per share

 

$

5,413

 

 

$

547

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

1,568,213

 

 

 

1,806,746

 

Add: Options

 

 

41,668

 

 

 

25,000

 

Add: Series B Preferred Stock

 

 

1,071,220

 

 

 

1,071,220

 

Add: Series B Preferred Stock Warrants

 

 

590,147

 

 

 

590,147

 

Add: Series E Preferred Stock

 

 

47,480

 

 

 

47,840

 

Assumed weighted average common shares outstanding

 

 

3,318,728

 

 

 

3,540,953

 

Diluted income per share

 

$

1.63

 

 

$

0.15