Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - FutureFuel Corp. | ex_192357.htm |
| EX-31.B - EXHIBIT 31.B - FutureFuel Corp. | ex_192356.htm |
| EX-31.A - EXHIBIT 31.A - FutureFuel Corp. | ex_192355.htm |
| 10-Q - FORM 10-Q - FutureFuel Corp. | ff20200630_10q.htm |
Exhibit 11
Statement of Computation of Per Share Earnings
In the three months and six months ended June 30, 2020 and 2019, FutureFuel computed earnings per share using the treasury method.
The composition of basic and diluted earnings per share were as follows:
(Dollars in thousands, except per share amounts)
|
Three Months Ended June 30, |
Six Months Ended June 30, |
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2020 |
2019 |
2020 |
2019 |
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Numerator: |
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Net income |
$ | 15,159 | $ | 3,687 | $ | 34,202 | $ | 9,186 | ||||||||
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Numerator for diluted earnings per share |
$ | 15,159 | $ | 3,687 | $ | 34,202 | $ | 9,186 | ||||||||
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Denominator: |
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Weighted average shares outstanding – basic |
43,743,243 | 43,743,243 | 43,743,243 | 43,743,243 | ||||||||||||
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Effect of dilutive securities: |
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Stock options and other awards |
497 | - | 248 | 2,866 | ||||||||||||
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Weighted average shares outstanding – diluted |
43,743,740 | 43,743,243 | 43,743,491 | 43,746,109 | ||||||||||||
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Basic earnings per share |
$ | 0.35 | $ | 0.08 | $ | 0.78 | $ | 0.21 | ||||||||
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Diluted earnings per share |
$ | 0.35 | $ | 0.08 | $ | 0.78 | $ | 0.21 | ||||||||