Net income / (loss) attributable to Cohen & Company Inc.

$

1,408

$

(2,349

)

$

1,737

$

(326

)

Add: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. (1)

3,361

(6,028

)

4,143

(815

)

Add / (deduct): Adjustment (2)

7

18

10

(13

)

Net income / (loss) on a fully converted basis

$

4,776

$

(8,359

)

$

5,890

$

(1,154

)

Weighted average common shares outstanding - Basic

1,740,307

1,615,902

1,722,409

1,598,646

Unrestricted LLC Units exchangeable into Cohen & Company Inc. shares (1)

4,128,423

4,066,458

4,117,435

4,058,941

Restricted units or shares

44,023

-

43,243

-

Weighted average common shares outstanding - Diluted (3)

5,912,753

5,682,360

5,883,087

5,657,587

Net income / (loss) per common share - Basic

$

0.81

$

(1.45

)

$

1.01

$

(0.20

)

Net income / (loss) per common share - Diluted

$

0.81

$

(1.47

)

$

1.00

$

(0.20

)