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Earnings Per Share
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share

17.   Earnings Per Share

 

The following table provides a summary of net loss and the number of common shares used in the computation of basic and diluted loss per common share - which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

 

 

 

 

 

 

For the Three Months Ended March 31,

 

(Amounts in thousands, except per share amounts)

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(6,494

)

 

$

(9,731

)

Earnings allocated to unvested participating securities

 

 

(9

)

 

 

-

 

Numerator for earnings per common share - basic and diluted

 

$

(6,503

)

 

$

(9,731

)

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic loss per common share - weighted average shares

 

 

212,404

 

 

 

212,107

 

Effect of dilutive employee stock options and restricted share awards (1)

 

 

-

 

 

 

-

 

Denominator for diluted loss per common share - weighted average shares

 

 

212,404

 

 

 

212,107

 

 

 

 

 

 

 

 

 

 

Loss per common share - basic and diluted

 

$

(0.03

)

 

$

(0.05

)

               ___________________

 

(1)

The effect of dilutive securities for the three months ended March 31, 2016 and 2015 excludes an aggregate of 52,592 and 53,050 weighted average share equivalents, respectively, as their effect was anti-dilutive.