Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER COMMON SHARE (Tables)

v3.20.1
EARNINGS (LOSS) PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2020
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, 2020 and 2019 were as follows (in thousands, except share and per share data):
 
 
Three Months Ended 
 March 31,
 
 
2020
 
2019
Net loss attributable to Era Group Inc.
 
$
(7,229
)
 
$
(5,943
)
Less: Net income attributable to participating securities
 
—

 
—

Net loss attributable to fully vested common stock
 
$
(7,229
)
 
$
(5,943
)
 
 
 
 
 
Weighted average common shares outstanding:
 
 
 
 
Basic
 
20,702,670

 
21,323,312

Diluted(1)

 
20,702,670

 
21,323,312

 
 
 
 
 
Loss per common share, basic and diluted
 
$
(0.35
)
 
$
(0.28
)
____________________
(1)
Excludes weighted average common shares of 203,612 for each of the three months ended March 31, 2020 and 2019, for certain share awards as the effect of their inclusion would have been antidilutive.