XML 27 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings and Dividends per Share
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings and Dividends per Share

9.

Earnings and Dividends per Share

The computational components of basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2018 and 2017 are below.

 

 

For the Three Months Ended June 30, 2018

 

 

 

Numerator

(Loss)

 

 

Denominator

(Shares)

 

 

Per Share

Amount

 

Basic net loss and loss per share

 

$

(901

)

 

 

34,670

 

 

$

(0.03

)

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents arising from stock options,

   restricted stock awards, and employee stock purchase plan

 

 

 

 

 

 

—

 

 

 

 

 

Diluted loss and loss per share

 

$

(901

)

 

 

34,670

 

 

$

(0.03

)

 

 

 

For the Three Months Ended June 30, 2017

 

 

 

Numerator

(Income)

 

 

Denominator

(Shares)

 

 

Per Share

Amount

 

Basic net income and earnings per share

 

$

5,486

 

 

 

34,474

 

 

$

0.16

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents arising from stock options, restricted stock awards, and employee stock purchase plan

 

 

 

 

 

 

333

 

 

 

 

 

Diluted earnings and earnings per share

 

$

5,486

 

 

 

34,807

 

 

$

0.16

 

 

 

 

 

For the Six Months Ended June 30, 2018

 

 

 

Numerator

(Income)

 

 

Denominator

(Shares)

 

 

Per Share

Amount

 

Basic net income and earnings per share

 

$

4,862

 

 

 

34,632

 

 

$

0.14

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents arising from stock options, restricted stock awards, and employee stock purchase plan

 

 

 

 

 

 

83

 

 

 

 

 

Diluted earnings and earnings per share

 

$

4,862

 

 

 

34,715

 

 

$

0.14

 

 

 

 

 

For the Six Months Ended June 30, 2017

 

 

 

Numerator

(Income)

 

 

Denominator

(Shares)

 

 

Per Share

Amount

 

Basic net loss and loss per share

 

$

5,524

 

 

 

34,345

 

 

$

0.16

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents arising from stock options, restricted stock awards, and employee stock purchase plan

 

 

 

 

 

 

341

 

 

 

 

 

Diluted loss and loss per share

 

$

5,524

 

 

 

34,686

 

 

$

0.16

 

 

 

Options, restricted stock units and warrants included in the computation of diluted earnings per share are calculated using the treasury stock method. For the three-month periods ended June 30, 2018 and 2017, 0.6 million, and during the six-month periods ended June 30, 2018 and 2017, 0.6 million and 0.7 million, respectively, of outstanding options and warrants were excluded from the computation of diluted earnings per share due to their having an anti-dilutive effect.

Once a restricted stock unit vests, it is included in the computation of weighted average shares outstanding for purposes of basic and diluted earnings per share.