Net income totaled $6.5 million, or $0.13 per diluted share, based on 49.0 million weighted average diluted shares outstanding
, and included a $3.3 million, or $0.07 per diluted share, tax expense related to a revaluation of the Company's net deferred tax assets as a result of the decrease in the federal corporate tax rate.
Assuming completion of the Accelerated Share Repurchase for $300M at a price of approximately $27.00 per share, the company still expects fourth-quarter fiscal year 2018 shares outstanding
to be approximately 83.6 million shares, thereby reducing fiscal year 2018 shares outstanding
to approximately 89.3 million.
(OTCQB: UNIB) has reported an unaudited net income attributable to common stock shareholders in the third quarter of 2016 of USD1.500m, or USD0.294 per share, on average shares outstanding
of 5,100,899 for the third quarter, versus an unaudited net income of USD703,623, or USD0.138 per share on average shares outstanding
of 5,100,899 for the third quarter of 2015.
GAAP net loss per basic and diluted share for the quarter ended December 31, 2015 was USD0.26, based on 40.2 million weighted-average shares outstanding
, compared with a net loss per basic and diluted share of USD0.38, based on 33.1 million weighted-average shares outstanding
in the fourth quarter of 2014.
The trust's trustees determined that the trust's net asset value as of September 30, 2015 was USD140,680,541 or USD13.64 per share based on 10,314,898 shares outstanding
. As of September 30, 2014, the trust's net assets were USD140,207,012 or USD13.63 per share based on 10,287,396 shares outstanding
Newsprint and ink costs were down slightly, as was the number of average common shares outstanding
(OTCQB: UNIB) has reported that it had an unaudited net income attributable to common stock shareholders in the second quarter of 2016 of USD991,934, or USD0.194 per share on average shares outstanding
of 5,100,899 for the second quarter, as against an unaudited net income of USD2.184m, USD0.427 per share on average shares outstanding
of 5,118,302 for the second quarter of 2015.
He said, "In March, the Company announced a $10 million stock buyback; that in addition to our dividend, signals our continued commitment to returning capital to shareholders." For the three months ended March 31, 2016, the Company reported net income attributable to the Company's shareholders of $9.5 million, or $0.69 per share on 13.83 million average undiluted shares outstanding
and $0.68 per share on 14.04 million average diluted shares outstanding
, compared with net income attributable to the Company's shareholders of $9.3 million, or $0.68 per share on 13.66 million average undiluted shares outstanding
and $0.66 per share on 13.98 million average diluted shares outstanding
in the same three-month period last year.
As a result of the reverse stock split, every four outstanding fund shares were converted into one share, reducing by a factor of four the number of shares outstanding
Net loss per share attributable to common stockholders was USD0.14 for the third quarter of 2014, based on 33.7 million weighted-average shares outstanding
. This compares to a net loss per share of USD0.52 for the third quarter of 2013, which was based on 11.5 million weighted-average shares outstanding
GAAP net loss per share was USD0.13 based upon weighted average shares outstanding
of 77.8m, compared to USD0.23 for the first quarter of 2014 based upon weighted average shares outstanding
As a result of the Board's action today, the outstanding shares of the Company's common stock will increase by approximately 622,096 shares, from 6,220,962 shares outstanding
to 6,843,058 shares outstanding