Weighted Average Common Shares (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Weighted Average Numbers of Common Shares Used to Compute Basic and Diluted Net (Loss) Income Per Share

The weighted average number of common shares used to compute basic and diluted net (loss) income per share for the years ended December 31, 2016, 2015 and 2014 were as follows:

	For the Year Ended December 31,
	2016 ⁽¹⁾		2015		2014 ⁽¹⁾
Basic common shares outstanding		68,373		67,860		67,173
Common stock equivalents		-		468		-
Diluted common shares outstanding		68,373		68,328		67,173

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(1)Due to the fact that we reported a loss from continuing operations for the years ended December 31, 2016 and 2014, potential common stock equivalents were excluded from the diluted common shares outstanding calculation. Per FASB ASC Topic 260 – Earnings per Share, an entity that reports discontinued operations shall use income or loss from continuing operations as the benchmark for calculating diluted common shares outstanding, and as such, we have zero common stock equivalents since these shares would have an anti-dilutive effect on our net loss per share for the years ended December 31, 2016 and 2014.