Quarterly report pursuant to Section 13 or 15(d)

9. EARNINGS PER SHARE

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9. EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
9 .EARNINGS PER SHARE

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

 

    Three Months Ended March 31, 2015  
    Loss Numerator     Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol, Inc.   $ (4,380 )                
Less: Preferred stock dividends     (312 )                
Basic and diluted loss per share:                        
Net loss attributed to common stockholders   $ (4,692 )     24,104     $ (0.19 )

 

    Three Months Ended March 31, 2014  
    Loss Numerator     Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol, Inc.   $ (10,826 )                
Less: Preferred stock dividends     (312 )                
Basic and diluted loss per share:                        
Net loss attributed to common stockholders   $ (11,138 )     16,181     $ (0.69 )

 

There were an aggregate of 1,080,000 and 2,301,000 potentially dilutive weighted-average shares from convertible securities outstanding as of March 31, 2015 and 2014, respectively. These convertible securities were not considered in calculating diluted net loss per share for the three months ended March 31, 2015 and 2014, as their effect would have been anti-dilutive.