XML 30 R16.htm IDEA: XBRL DOCUMENT v3.6.0.2
EARNINGS (LOSS) PER SHARE
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
EARNINGS (LOSS) PER SHARE
A reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share calculations were as follows:
 
 
For The Year Ended December 31,
 
 
2016
 
2015
 
2014
Earnings (loss) per share ("EPS"):
 
 

 
 

 
 
EPS - basic and diluted
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
(0.27
)
 
$
0.05

 
$
(0.48
)
Income (loss) from discontinued operations
 
0.01

 
0.02

 
0.08

Net income (loss)
 
$
(0.26
)
 
$
0.07

 
$
(0.40
)
EPS numerator - basic and diluted:
 
 

 
 
 
 
Income (loss) from continuing operations
 
$
(8,933
)
 
$
1,607

 
$
(15,786
)
Income (loss) from discontinued operations, net of income taxes
 
143

 
722

 
2,592

Net income (loss)
 
$
(8,790
)
 
$
2,329

 
$
(13,194
)
EPS denominator (in thousands):
 
 

 
 
 
 
Weighted average common stock outstanding - basic
 
33,174

 
33,869

 
32,843

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

 
215

 

Weighted average number of common stock outstanding - diluted
 
33,174

 
34,084

 
32,843


(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 6 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.
The weighted average number of shares outstanding used in the computation of diluted net income (loss) per share for the years ended December 31, 2016, 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 or market conditions have not been achieved:
 
 
For The Year Ended December 31,
 
 
2016
 
2015
 
2014
Unvested restricted stock
 

 
350,000

 
803,999

Unvested restricted stock units
 
480,000

 

 
119,940

Stock options
 
123,500

 
206,000

 
756,800

Total
 
603,500

 
556,000

 
1,680,739