Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER COMMON SHARE (Tables)

v3.4.0.3
EARNINGS (LOSS) PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2016
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, 2016 and 2015 were as follows (in thousands, except share and per share data):
 
 
Three Months Ended 
 March 31,
 
 
2016
 
2015
Net loss attributable to Era Group Inc.
 
$
(3,818
)
 
$
(42
)
Shares:
 
 
 
 
Weighted average common shares outstanding - basic
 
20,219,937

 
20,195,955

Net effect of dilutive stock options and restricted stock awards based on the treasury stock method(1)
 
—

 
—

Weighted average common shares outstanding - diluted
 
20,219,937

 
20,195,955

 
 
 
 
 
Loss per common share, basic and diluted
 
$
(0.19
)
 
$
—

____________________
(1)
Excludes weighted average common shares of 347,242 and 114,955 for the three months ended March 31, 2016 and 2015, respectively, for certain share awards as the effect of their inclusion would have been antidilutive.