v3.25.2
Note 6 - Per Share Amounts
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 6.    Per Share Amounts

 

Per share information has been computed based on the weighted average number of common shares and dilutive common share equivalents outstanding. The Company calculates diluted shares using the treasury stock method. Because the Company reported a loss for the three and six-month periods ended June 30, 2025, the potentially dilutive effects of approximately 8,000 and 16,000 of the Company’s stock options and 253,000 of the Company’s unvested restricted stock awards were not considered for the reporting period. The weighted average common shares outstanding for basic earnings per share for the three and six-month periods ended June 30, 2025 and 2024 included approximately 123,000 and 123,000, respectively, of the Company's restricted stock awards that are fully vested but are deferred for issuance. 

 

The following table sets forth the computation of basic and diluted earnings per share for the three and six-month periods ended June 30, 2025 and 2024:

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2025

  

2024

  

2025

  

2024

 

Net (loss) income attributable to American Shared Hospital Services

 $(280,000) $3,602,000  $(905,000) $3,721,000 
                 

Weighted average common shares for basic (loss) earnings per share

  6,582,000   6,482,000   6,577,000   6,467,000 

Dilutive effect of stock options and restricted stock awards

  -   101,000   -   97,000 

Weighted average common shares for diluted (loss) earnings per share

  6,582,000   6,583,000   6,577,000   6,564,000 
                 

Basic (loss) earnings per share

 $(0.04) $0.56  $(0.14) $0.58 

Diluted (loss) earnings per share

 $(0.04) $0.55  $(0.14) $0.57