Alto Ingredients, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule 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 June 30, 2023
		Income Numerator				Shares Denominator				Per-Share Amount
Net income		$	7,595
Less: Preferred stock dividends			(315	)
Less: Income allocated to participating securities			(96	)
Basic income per share:
Income available to common stockholders		$	7,184				73,394			$	0.10
Add: Dilutive instruments			—				709
Diluted income per share:
Income available to common stockholders		$	7,184				74,103			$	0.10

		Three Months Ended June 30, 2022
		Income Numerator				Shares Denominator				Per-Share Amount
Net income		$	22,115
Less: Preferred stock dividends			(315	)
Less: Income allocated to participating securities			(284	)
Basic income per share:
Income available to common stockholders		$	21,516				72,936			$	0.29
Add: Dilutive instruments			—				187
Diluted income per share:
Income available to common stockholders		$	21,516				73,123			$	0.29

		Six Months Ended June 30, 2023
		Loss Numerator				Shares Denominator				Per-Share Amount
Net loss		$	(5,571	)
Less: Preferred stock dividends			(627	)
Basic and diluted loss per share:
Loss available to common stockholders		$	(6,198	)			73,603			$	(0.08	)

		Six Months Ended June 30, 2022
		Income Numerator				Shares Denominator				Per-Share Amount
Net income		$	19,513
Less: Preferred stock dividends			(627	)
Less: Income allocated to participating securities			(251	)
Basic income per share:
Income available to common stockholders		$	18,635				71,690			$	0.26
Add: Dilutive instruments			—				268
Diluted income per share:
Income available to common stockholders		$	18,635				71,958			$	0.26