(15) | Earnings per Share |
The calculation of basic
(loss) earnings per share at December 31, 2017 and 2016 is as follows:
December 31, 2017 |
December 31, 2016 |
|||||||
Net profit (loss) attributable to Avianca Holdings S.A. | $ | 48,237 | $ | 44,186 | ||||
Weighted average number of shares | ||||||||
(in thousands of shares) | ||||||||
Common stock | 660,800 | 660,800 | ||||||
Preferred stock | 336,187 | 336,187 | ||||||
Earnings per share | ||||||||
Common stock | $ | 0,05 | $ | 0.04 | ||||
Preferred stock | $ | 0,05 | $ | 0.04 |
There are no dilutive shares as the Company has no convertible preferred shares, convertible debentures.