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Earnings (Loss) Per Common Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share
Earnings (Loss) Per Common Share
The following tables set forth the computations of basic and diluted loss per common share for the three and nine months ended September 30, 2016 and 2015 (in thousands, except per share data):
 
Three Months Ended September 30,
Nine Months Ended September 30,
Basic and diluted earnings (loss) per common share:
2016
2015
2016
2015
Numerator:
 
 
 
 
Net earnings (loss) from continuing operations:
$
2,150

$
(2,877
)
$
2,052

$
(3,309
)
Net earnings (loss) from discontinued operations:
$
133

$
(532
)
$
(914
)
$
(1,961
)
 
 
 
 
 
Denominator:
 
 
 
 
Weighted-average basic common shares outstanding:
21,847

25,167

22,084

26,015

Effect of dilutive securities from stock-based compensation plans
27

—

30

—

Weighted-average diluted common shares outstanding:
21,874

25,167

22,114

26,015

 
 
 
 
 
Basic earnings (loss) per common share from continuing operations:
$
0.10

$
(0.11
)
$
0.09

$
(0.13
)
Basic earnings (loss) per common share from discontinued operations:
$
0.01

$
(0.03
)
$
(0.04
)
$
(0.07
)
Total basic earnings (loss) per common share
$
0.11

$
(0.14
)
$
0.05

$
(0.20
)
Diluted earnings (loss) per common share from continuing operations:
$
0.10

$
(0.11
)
$
0.09

$
(0.13
)
Diluted earnings (loss) per common share from discontinued operations:
$
0.01

$
(0.03
)
$
(0.04
)
$
(0.07
)
Total diluted earnings (loss) per common share
$
0.11

$
(0.14
)
$
0.05

$
(0.20
)

For those periods presented that generated a net loss, basic and diluted net loss per share is the same, as any additional common stock and equivalents would be anti-dilutive. For the three months ended September 30, 2016, weighted-average common shares outstanding excludes from the computation of diluted earnings (loss) per common share anti-dilutive shares underlying options that totaled 2.8 million shares and anti-dilutive shares underlying restricted stock units totaling 2.7 million. For the nine months ended September 30, 2016, weighted-average common shares outstanding excludes from the computation of diluted earnings (loss) per common share anti-dilutive shares underlying options that totaled 2.8 million and anti-dilutive shares underlying restricted stock units totaling 2.0 million. For the three and nine months ended September 30, 2015, weighted-average common shares outstanding excludes from the computation of diluted earnings (loss) per common share anti-dilutive shares underlying options that totaled 3.6 million.
We repurchased 21,998 shares of our common stock during the three months ended September 30, 2016 for $0.1 million, and 903,544 shares of our common stock during the nine months ended September 30, 2016 for $3.8 million. We repurchased 1,735,277 shares of our common stock during the three months ended September 30, 2015 for $6.9 million, and 3,912,037 shares of our common stock during the nine months ended September 30, 2015 for $17.3 million.
Pursuant to exercises of outstanding stock options, we issued no shares of our common stock in the three months ended September 30, 2016 and 46,896 shares of our common stock having a value of less than $0.1 million in the nine months ended September 30, 2016. We issued no shares of our common stock in the three months ended September 30, 2015 and 12,863 shares of our common stock having a value less than $0.1 million in the nine months ended September 30, 2015.