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(Loss) Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2017
Loss per Share  
Schedule of reconciliation of numerator and denominator of basic and diluted (loss) earnings per share

A reconciliation of the numerator and denominator of basic and diluted loss per share is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended September 30, 

 

Nine months ended September 30, 

 

    

2017

    

2016

    

2017

    

2016

Basic loss per share computation

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(183)

 

$

(2,821)

 

$

(6,593)

 

$

(11,621)

Loss from discontinued operations

 

 

 —

 

 

 —

 

 

 —

 

 

(1,286)

Net loss

 

$

(183)

 

$

(2,821)

 

$

(6,593)

 

$

(12,907)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

13,322

 

 

12,953

 

 

13,306

 

 

12,222

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss per common share - basic

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(0.01)

 

$

(0.22)

 

$

(0.50)

 

$

(0.95)

Loss from discontinued operations

 

 

 —

 

 

 -

 

 

 —

 

 

(0.11)

Loss per common share - basic

 

$

(0.01)

 

$

(0.22)

 

$

(0.50)

 

$

(1.06)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted loss per share computation

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(183)

 

$

(2,821)

 

$

(6,593)

 

$

(11,621)

Loss from discontinued operations

 

 

 —

 

 

 —

 

 

 —

 

 

(1,286)

Net loss

 

$

(183)

 

$

(2,821)

 

$

(6,593)

 

$

(12,907)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

13,322

 

 

12,953

 

 

13,306

 

 

12,222

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Options, RSUs, PSUs, warrants, Series A, convertible notes

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Dilutive common shares

 

 

13,322

 

 

12,953

 

 

13,306

 

 

12,222

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss per common share - diluted

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(0.01)

 

$

(0.22)

 

$

(0.50)

 

$

(0.95)

Loss from discontinued operations

 

 

 —

 

 

 —

 

 

 —

 

 

(0.11)

Loss per common share - diluted

 

$

(0.01)

 

$

(0.22)

 

$

(0.50)

 

$

(1.06)

 

Schedule of reconciliation of basic and diluted (loss) earnings per share, two class method

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended September 30, 

 

Nine months ended September 30, 

 

    

2017

    

2016

    

2017

    

2016

Net loss

 

$

(183)

 

$

(2,821)

 

$

(6,593)

 

$

(12,907)

Less: preferred dividends

 

 

1,382

 

 

1,314

 

 

4,099

 

 

3,445

Net loss attributable to stockholders

 

 

(1,565)

 

 

(4,135)

 

 

(10,692)

 

 

(16,352)

Participating securities - Series A Preferred Stock

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Net loss attributable to common stockholders

 

$

(1,565)

 

$

(4,135)

 

$

(10,692)

 

$

(16,352)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

13,322

 

 

12,953

 

 

13,306

 

 

12,222

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss per common share - basic and diluted under two-class method

 

$

(0.12)

 

$

(0.32)

 

$

(0.80)

 

$

(1.34)