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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2013
EARNINGS PER SHARE  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

Three Months Ended June 30,

 

 

 

2013

 

2012

 

 

 

Basic

 

Diluted

 

Basic

 

Diluted

 

 

 

(In thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(2,033

)

$

(2,033

)

$

(1,754

)

$

(1,754

)

Income from discontinued operations

 

9,112

 

9,112

 

27,528

 

27,528

 

Net income

 

$

7,079

 

$

7,079

 

$

25,774

 

$

25,774

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

11,133

 

11,133

 

10,685

 

10,685

 

Income (loss) per share:

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(0.18

)

$

(0.18

)

$

(0.16

)

$

(0.16

)

Income from discontinued operations

 

0.82

 

0.82

 

2.58

 

2.58

 

Net income per common share

 

$

0.64

 

$

0.64

 

$

2.41

 

$

2.41

 

 

 

 

Six Months Ended June 30,

 

 

 

2013

 

2012

 

 

 

Basic

 

Diluted

 

Basic

 

Diluted

 

 

 

(In thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(2,306

)

$

(2,306

)

$

(5,022

)

$

(5,022

)

Income from discontinued operations

 

6,668

 

6,668

 

44,946

 

44,946

 

Net income

 

$

4,362

 

$

4,362

 

$

39,924

 

$

39,924

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

11,050

 

11,050

 

10,620

 

10,620

 

Income (loss) per share:

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(0.21

)

$

(0.21

)

$

(0.47

)

$

(0.47

)

Income from discontinued operations

 

0.60

 

0.60

 

4.23

 

4.23

 

Net income per common share

 

$

0.39

 

$

0.39

 

$

3.76

 

$

3.76