XML 42 R30.htm IDEA: XBRL DOCUMENT v3.4.0.3
EARNINGS (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2016
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 months ended March 31, 2016 and 2015 were as follows:

 
 
Three Months Ended March 31,
 
 
2016
 
2015
Earnings (loss) per share ("EPS"):
 
 

 
 

EPS - basic and diluted:
 
 
 
 
Income (loss) from continuing operations
 
$
(0.10
)
 
$
(0.20
)
Income (loss) from discontinued operations
 

 
(0.01
)
Net income (loss)
 
$
(0.10
)
 
$
(0.21
)
EPS numerator - basic and diluted:
 
 
 
 
Income (loss) from continuing operations
 
$
(3,570
)
 
$
(6,654
)
Income (loss) from discontinued operations
 
83

 
(184
)
Net income (loss)
 
$
(3,487
)
 
$
(6,838
)
EPS denominator (in thousands):
 
 

 
 

Weighted average common stock outstanding - basic
 
34,631

 
33,053

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

 

Weighted average number of common stock outstanding - diluted
 
34,631

 
33,053


(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 months ended March 31, 2016 and 2015 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
 
 
March 31,
 
 
2016
 
2015
Unvested restricted stock
 
680,000

 
1,089,702

Unvested restricted stock units
 
500,000

 
165,794

Stock options
 
165,000

 
647,800

Total
 
1,345,000

 
1,903,296