Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER COMMON SHARE (Tables)

v3.7.0.1
EARNINGS (LOSS) PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per common share
Computations of basic and diluted earnings per common share of the Company for the three months ended March 31, 2017 and 2016 were as follows (in thousands, except share and per share data):
 
 
Three Months Ended 
 March 31,
 
 
2017
 
2016
Net income (loss) attributable to Era Group Inc.
 
$
(5,620
)
 
$
(3,818
)
Net income attributable to participating securities
 
—

 
—

Net income (loss) attributable to fully vested common stock
 
$
(5,620
)
 
$
(3,818
)
Shares:
 
 
 
 
Weighted average common shares outstanding - basic
 
20,509,463

 
20,219,937

Net effect of dilutive stock options and restricted stock awards based on the treasury stock method(1)
 
—

 
—

Weighted average common shares outstanding - diluted
 
20,509,463

 
20,219,937

Loss per common share, basic and diluted
 
$
(0.27
)
 
$
(0.19
)
____________________
(1)
Excludes weighted average common shares of 284,546 and 347,242 for the three months ended March 31, 2017 and 2016, respectively, for certain share awards as the effect of their inclusion would have been antidilutive.