Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER COMMON SHARE (Tables)

v3.19.1
EARNINGS (LOSS) PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2019
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, 2019 and 2018 were as follows (in thousands, except share and per share data):
 
 
Three Months Ended 
 March 31,
 
 
2019
 
2018
Net loss attributable to Era Group Inc.
 
$
(5,943
)
 
$
(1,194
)
Less: Net income attributable to participating securities
 
—

 
—

Net income (loss) attributable to fully vested common stock
 
$
(5,943
)
 
$
(1,194
)
 
 
 
 
 
Weighted average common shares outstanding:
 
 
 
 
Basic
 
21,323,312

 
21,003,777

Diluted(1)

 
21,323,312

 
21,003,777

Loss per common share:
 
 
 
 
Loss per common share, basic and diluted
 
$
(0.28
)
 
$
(0.06
)
____________________
(1)
Excludes weighted average common shares of 203,612 and 235,900 for the three months ended March 31, 2019 and 2018, respectively, for certain share awards as the effect of their inclusion would have been antidilutive.