Earnings Per Share ("EPS")

3 Months Ended

Mar. 31, 2015

Earnings Per Share ("EPS")

Earnings Per Share ("EPS")

Note 4.Earnings Per Share (“EPS”)

The following table reconciles basic weighted average outstanding shares to diluted weighted average outstanding shares:

	Three Months
	Ended March 31,
(all amounts in thousands, except per share data)	2015		2014
Basic weighted average common shares outstanding	50,401		49,664
Dilutive securities:
Stock compensation plans	37		—
Diluted weighted average common shares outstanding	50,438		49,664
Earnings (loss) from continuing operations, net of tax	$	204	$	(4,446	)
Earnings (loss) from discontinued operations, net of tax	238		(454		)
Net earnings (loss)	$	442	$	(4,900	)
Earnings (loss) from continuing operations, net of tax, per share — basic and diluted	$	0.00	$	(0.09	)
Earnings (loss) from discontinued operations, net of tax, per share — basic and diluted	0.00		(0.01		)
Net earnings (loss) per share—basic and diluted	$	0.01	$	(0.10	)

Stock options for which the exercise price exceeds the average market price over the applicable period have an antidilutive effect on EPS, and accordingly, are excluded from the calculation of diluted EPS. For the three months ended March 31 2015, stock-based grants for 531,000 shares were excluded from the diluted EPS calculation because the shares were antidilutive.  Due to the net loss from continuing operations for the three months ended March 31, 2014, 1,411,117 shares were excluded from the diluted EPS calculation because the shares were considered to be antidilutive.