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(Loss) Earnings Per Share
9 Months Ended
Sep. 30, 2015
(Loss) Earnings Per Share [Abstract]  
(Loss) Earnings per share

11. (Loss) Earnings Per Share

Basic and diluted (loss) earnings per share were calculated using the following (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Nine months ended

 

 

September 30,

 

September 30,

 

 

2015

 

2014

 

2015

 

2014

Net (loss) income

 

$

(3,404)

 

$

4,097

 

$

(7,201)

 

$

(3,314)

Weighted average number of shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

18,916

 

 

18,444

 

 

18,809

 

 

18,424

Dilutive effect of stock-based equity awards

 

 

 -

 

 

44

 

 

 -

 

 

 -

Diluted

 

 

18,916

 

 

18,488

 

 

18,809

 

 

18,424

Net (loss) income per share attributable to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.18)

 

$

0.22

 

$

(0.38)

 

$

(0.18)

Diluted

 

 

(0.18)

 

 

0.22

 

 

(0.38)

 

 

(0.18)

On August 1, 2014, the 1,000 shares of Rightside common stock, par value $0.0001 per share, issued and outstanding immediately prior to the Separation were automatically reclassified as and became 18.4 million shares of common stock, par value $0.0001 per share. Basic and diluted earnings per share and the weighted average number of shares outstanding were retrospectively updated to reflect these transactions.

For the three months ended September 30, 2015, we excluded 14,800 shares of restricted stock units and stock options from the calculation of diluted weighted average shares outstanding as their inclusion would have been antidilutive. For the three months ended September 30, 2014, there were no antidilutive shares of restricted stock units and stock options. For the nine months ended September 30, 2015 and 2014, we excluded 26,100 and 44,300 shares of restricted stock units and stock options from the calculation of diluted weighted average shares outstanding as their inclusion would have been antidilutive. The $15.05 exercise price per share on the stock warrants related to the Tennenbaum Credit Facility did not have a dilutive effect for any period presented.