Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE.

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EARNINGS PER SHARE.
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE.
10. EARNINGS PER SHARE.

 

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

 

    Three Months Ended March 31, 2019  
    Loss 
Numerator
    Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol, Inc.   $ (12,890 )                
Less: Preferred stock dividends     (312 )                
Basic and diluted loss per share:                        
Net loss available to common stockholders   $ (13,202 )     45,517     $ (0.29 )

 

    Three Months Ended March 31, 2018  
    Loss
Numerator
    Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol, Inc.   $ (7,841 )                
Less: Preferred stock dividends     (312 )                
Basic and diluted loss per share:                        
Net loss available to common stockholders   $ (8,153 )     42,912     $ (0.19 )

 

There were an aggregate of 635,000 and 912,000 potentially dilutive weighted-average shares from convertible securities outstanding for the three months ended March 31, 2019 and 2018, respectively. These convertible securities were not considered in calculating diluted net loss per share for the three months ended March 31, 2019 and 2018, as their effect would have been anti-dilutive.