Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER COMMON SHARE (Tables)

v3.8.0.1
EARNINGS (LOSS) PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2018
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, 2018 and 2017 were as follows (in thousands, except share and per share data):
 
 
Three Months Ended 
 March 31,
 
 
2018
 
2017
Net loss attributable to Era Group Inc.
 
$
(1,194
)
 
$
(5,620
)
Net income attributable to participating securities
 
—

 
—

Net loss attributable to fully vested common stock
 
$
(1,194
)
 
$
(5,620
)
Shares:
 
 
 
 
Weighted average common shares outstanding - basic
 
21,003,777

 
20,509,463

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

 
—

Weighted average common shares outstanding - diluted
 
21,003,777

 
20,509,463

Loss per common share, basic and diluted
 
$
(0.06
)
 
$
(0.27
)
____________________
(1)
Excludes weighted average common shares of 235,900 and 284,546 for the three months ended March 31, 2018 and 2017, respectively, for certain share awards as the effect of their inclusion would have been antidilutive.