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The following information is available for Leons Furniture Limited for the years ended December 31 (in thousands, except for share price): 2020 2019 Net income

The following information is available for Leons Furniture Limited for the years ended December 31 (in thousands, except for share price): 2020 2019 Net income $46,782 $56,666 Weighted average number of common shares 70,033 69,969 Share price $12,99 $12.40 (a) Calculate the earnings per share (2 pts) (b) Indicate whether profitability improved or deteriorated and explain why (2 pts).

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