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

$

3,574

$

1,408

$

5,066

$

1,737

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

6,403

3,361

9,082

4,143

Add / (deduct): Adjustment (2)

(4,134

)

7

(5,726

)

10

Net income / (loss) on a fully converted basis

$

5,843

$

4,776

$

8,422

$

5,890

Weighted average common shares outstanding - Basic

2,260,310

1,740,307

2,042,252

1,722,409

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

3,884,196

4,128,423

4,028,197

4,117,435

Restricted units or shares

102,106

44,023

105,118

43,243

Weighted average common shares outstanding - Diluted (3)

6,246,612

5,912,753

6,175,567

5,883,087

Net income / (loss) per common share - Basic

$

1.58

$

0.81

$

2.48

$

1.01

Net income / (loss) per common share - Diluted

$

0.94

$

0.81

$

1.36

$

1.00