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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

We compute basic earnings per share (“basic EPS”) by dividing the net income or loss by the weighted average number of common shares outstanding for the reporting period adjusted for other units required to be included in basic EPS. Diluted earnings per share (“diluted EPS”) gives effect to all dilutive potential shares outstanding. The following table provides the computation of basic and diluted earnings per share.
 
Three Months Ended September, 30
 
Nine Months Ended
September 30,
(in thousands, except per share data)
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net loss from continuing operations
$
(4,311
)
 
$
(438
)
 
$
(13,900
)
 
$
(6,167
)
Net income from discontinued operations, net of tax
$

 
$
69,612

 
$

 
$
74,134

Net income (loss) from all operations
$
(4,311
)
 
$
69,174

 
$
(13,900
)
 
$
67,967

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Denominator - basic
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
33,942

 
33,275

 
33,903

 
33,014

Contingently issuable shares - basic
136

 

 
136

 

Denominator - basic and diluted from continuing operations

34,078

 
33,275

 
34,039

 
33,014

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options

 
1,659

 

 
938

Denominator - diluted discontinued and all operations :
34,078

 
34,934

 
34,039

 
33,952

 
 
 
 
 
 
 
 
Loss per share from continuing operations:
 
 
 
 
 
 
 
Basic and diluted
$
(0.13
)
 
$
(0.01
)
 
$
(0.41
)
 
$
(0.19
)
 
 
 
 
 
 
 
 
Income per share from discontinued operations
 
 
 
 
 
 
 
Basic
$

 
$
2.09

 
$

 
$
2.25

Diluted
$

 
$
1.99

 
$

 
$
2.19

 
 
 
 
 
 
 
 
Income (loss) per share from all operations
 
 
 
 
 
 
 
Basic
$
(0.13
)
 
$
2.08

 
$
(0.41
)
 
$
2.06

Diluted
$
(0.13
)
 
$
1.98

 
$
(0.41
)
 
$
2.00

 
 
 
 
 
 
 
 
Anti-dilutive instruments excluded from diluted loss per common share:
 
 
 
 
 
 
 
Restricted stock
90

 

 
90

 

Options
4,060

 

 
4,060