XML 35 R30.htm IDEA: XBRL DOCUMENT v3.3.0.814
EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of earnings per share, basic and diluted
A reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share calculations for the three and nine months ended September 30, 2015 and 2014 were as follows:

 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2015
 
2014
 
2015
 
2014
Earnings (loss) per share ("EPS"):
 
 

 
 

 
 

 
 

EPS - basic and diluted:
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
(0.06
)
 
$
(0.14
)
 
$
0.12

 
$
(0.38
)
Income (loss) from discontinued operations
 

 
(0.07
)
 
0.03

 
(0.11
)
Net income (loss)
 
$
(0.06
)
 
$
(0.21
)
 
$
0.15

 
$
(0.49
)
EPS numerator - basic and diluted:
 
 

 
 

 
 

 
 
Income (loss) from continuing operations
 
$
(2,029
)
 
$
(4,571
)
 
$
4,091

 
$
(12,247
)
Income (loss) from discontinued operations
 
(55
)
 
(2,448
)
 
864

 
(3,690
)
Net income (loss)
 
$
(2,084
)
 
$
(7,019
)
 
$
4,955

 
$
(15,937
)
EPS denominator (in thousands):
 
 

 
 

 
 

 
 
Weighted average common stock outstanding - basic
 
34,687

 
32,910

 
33,784

 
32,769

Common stock equivalents: stock options and other stock-based awards (a)
 

 

 
11

 

Weighted average number of common stock outstanding - diluted
 
34,687

 
32,910

 
33,795

 
32,769


(a)
For the periods in which net losses are presented, the diluted weighted average number of shares of common stock outstanding did not differ from the basic weighted average number of shares of common stock outstanding because the effects of any potential common stock equivalents (see Note 7 for further details on outstanding stock options, unvested restricted stock units and unvested restricted stock) were anti-dilutive and therefore not included in the calculation of the denominator of dilutive earnings per share.
Schedule of antidilutive securities excluded from computation of earnings per share
The weighted average number of shares outstanding used in the computation of diluted net income (loss) per share for the three and nine months ended September 30, 2015 and 2014 did not include the effect of the following potentially outstanding shares of common stock because the effect would have been anti-dilutive:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2015
 
2014
 
2015
 
2014
Unvested restricted stock
 
150,000

 
383,231

 

 
383,231

Unvested restricted stock units
 

 
35,946

 

 
35,946

Stock options
 
623,500

 
756,800

 
623,500

 
756,800

Total
 
773,500

 
1,175,977

 
623,500

 
1,175,977