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Earnings (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Weighted Average Number of Common Shares Outstanding for Computing Basic and Diluted Earnings (Loss) Per Common Share

Basic earnings (loss) per common share are computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period. The weighted average number of common shares outstanding for computing basic and diluted earnings (loss) per common share for the three and nine months ended September 30, 2014 and 2013 were as follows (In thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

Basic

 

 

1,261,646

 

 

 

380,321

 

 

 

1,045,483

 

 

 

380,883

 

Diluted

 

 

1,261,646

 

 

 

380,321

 

 

 

1,045,483

 

 

 

380,883

 

 

Antidilutive Securities Excluded from Computation of Earnings Per Share

The weighted average number of stock options, restricted stock awards and warrants that were excluded from dilutive shares outstanding as these potentially dilutive securities are anti-dilutive because the Company was in a loss position for the three and nine months ended September 30, 2014 and 2013 were as follows (In thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

Stock options

 

 

6,410

 

 

 

-

 

 

 

7,010

 

 

 

-

 

Nonvested restricted stock awards

 

 

6,140

 

 

 

1,972

 

 

 

5,960

 

 

 

1,359

 

Warrants

 

 

12

 

 

 

-

 

 

 

6

 

 

 

-

 

 

 

 

12,562

 

 

 

1,972

 

 

 

12,976

 

 

 

1,359