Quarterly report pursuant to Section 13 or 15(d)

11. EARNINGS PER SHARE (Tables)

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11. EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share

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

 

    Three Months Ended September 30, 2015  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol   $ (14,663 )                
Less: Preferred stock dividends     (319 )                
Basic and diluted loss per share:                        
Loss available to common stockholders   $ (14,982 )     41,861     $ (0.36 )

 

    Three Months Ended September 30, 2014  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income attributed to Pacific Ethanol   $ 4,025                  
Less: Preferred stock dividends     (319 )                
Basic income per share:                        
Income available to common stockholders   $ 3,706       22,986     $ 0.16  
Add: Warrants     –       1,321          
Diluted income per share:                        
Income available to common stockholders   $ 3,706       24,307     $ 0.15  

 

    Nine Months Ended September 30, 2015  
    Loss Numerator     Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol   $ (18,033 )                
Less: Preferred stock dividends     (946 )                
Basic and diluted loss per share:                        
Loss available to common stockholders   $ (18,979 )     30,170     $ (0.63 )

  

    Nine Months Ended September 30, 2014  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income attributed to Pacific Ethanol   $ 8,771                  
Less: Preferred stock dividends     (946 )                
Basic income per share:                        
Income available to common stockholders   $ 7,825       19,713     $ 0.40  
Add: Warrants     –       2,360          
Diluted income per share:                        
Income available to common stockholders   $ 7,825       22,073     $ 0.35