NET INCOME PER SHARE

12 Months Ended

Dec. 31, 2015

NET INCOME PER SHARE

NET INCOME PER SHARE

4.     NET INCOME PER SHARE

        Basic net income from continuing operation per share for the years ended December 31, 2013, 2014 and 2015 is computed on the basis of the weighted average number of common shares outstanding during the period. Diluted net income from continuing operations per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares are calculated using the "treasury stock" method and consist of shares underlying outstanding equity awards. The number of shares excluded from the diluted net income per common share computation because their effect was antidilutive for the years ended December 31, 2013, 2014 and 2015, was 2,306,665, 1,435,139 and 347,362, respectively.

        The components of basic and diluted net income from continuing operations per share were as follows:

	Year ended December 31,
	2013			2014			2015
Net loss from continuing operations	$	(4,439	)	$	(918	)	$	(3,076	)
Income/(loss) from discontinued operations, net of income tax		156,779			109,010			(487,201	)
Net income /(loss)	$	152,340		$	108,092		$	(490,277	)
Weighted average common shares outstanding—basic Common stock		156,889,533			155,747,225			156,023,836
Dilutive effect of:
Stock-based awards		42,919			261,203			—
Weighted average common shares outstanding—diluted		156,932,452			156,008,428			156,023,836
Net income/ (loss) from continuing operations per share:
Basic	$	(0.03	)	$	(0.01	)	$	(0.02	)
Diluted	$	(0.03	)	$	(0.01	)	$	(0.02	)
Net Income/(loss) from discontinued operations per share:
Basic	$	1.00		$	0.70		$	(3.12	)
Diluted	$	1.00		$	0.70		$	(3.12	)
Net income/(loss) per share:
Basic	$	0.97		$	0.69		$	(3.14	)
Diluted	$	0.97		$	0.69		$	(3.14	)