Attached files

file filename
EX-32 - EXHIBIT 32 - FutureFuel Corp.ex_184757.htm
EX-31.B - EXHIBIT 31.B - FutureFuel Corp.ex_184751.htm
EX-31.A - EXHIBIT 31.A - FutureFuel Corp.ex_184750.htm
EX-10.21 - EXHIBIT 10.21 - FutureFuel Corp.ex_181399.htm
EX-10.20 - EXHIBIT 10.20 - FutureFuel Corp.ex_181398.htm
10-Q - FORM 10-Q - FutureFuel Corp.ff20200331_10q.htm

 

Exhibit 11

 

 

 

Statement  of Computation of Per Share Earnings

 

In the three months ended March 31, 2020 and 2019, FutureFuel computed earnings per share using the treasury method. 

 

The composition of basic and diluted earnings per share were as follows:

 

(Dollars in thousands, except per share amounts)

 

   

Three Months Ended March 31,

 
   

2020

   

2019

 

Numerator:

               

Net income

  $ 19,043     $ 5,499  

Denominator:

               

Weighted average shares outstanding – basic

    43,743,243       43,743,243  

Effect of dilutive securities:

               

Stock options and other awards

    -       5,731  

Weighted average shares outstanding – diluted

    43,743,243       43,748,974  
                 

Basic earnings per share

  $ 0.44     $ 0.13  

Diluted earnings per share

  $ 0.44     $ 0.13