General form of registration statement for all companies including face-amount certificate companies

9. EARNINGS PER SHARE

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9. EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Note 9 .EARNINGS PER SHARE

 

The following tables compute basic and diluted earnings per share (in thousands, except per share data):

 

    Nine Months Ended September 30, 2012  
    Loss
Numerator
    Shares Denominator     Per-Share
Amount
 
Net loss attributed to Pacific Ethanol   $ (13,553 )                
Less: Preferred stock dividends     (949 )                
Basic and diluted loss per share:                        
Loss available to common stockholders   $ (14,502 )     96,203     $ (0.15 )

 

    Nine Months Ended September 30, 2011  
    Income
Numerator
    Shares Denominator     Per-Share
Amount
 
Net income attributed to Pacific Ethanol   $ 5,120                  
Less: Preferred stock dividends     (946 )                
Basic income per share:                        
Income available to common stockholders   $ 4,174       21,230     $ 0.20  
Add: Stock options           98          
Diluted income per share:                        
Income available to common stockholders   $ 4,174       21,328     $ 0.20  

 

There were an aggregate of 3,300,000 potentially dilutive weighted-average shares from convertible securities outstanding for the nine months ended September 30, 2012. These convertible securities were not considered in calculating diluted net loss per share for the three and nine months ended September 30, 2012, as their effect would have been anti-dilutive.