Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
  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, 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 )

 

    Three Months Ended March 31, 2017
     

Loss
Numerator

 

       Shares Denominator       Per-Share
Amount		  
Net loss attributed to Pacific Ethanol, Inc.   $ (12,636 )                
Less: Preferred stock dividends     (312 )                
Basic and diluted loss per share:                        
Net loss available to common stockholders   $ (12,948 )     42,375     $ (0.31 )

  

There were an aggregate of 912,000 and 784,000 potentially dilutive weighted-average shares from convertible securities outstanding as of March 31, 2018 and 2017, respectively. These convertible securities were not considered in calculating diluted net loss per share for the three months ended March 31, 2018 and 2017, as their effect would have been anti-dilutive.