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Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

Note 4 – Earnings Per Share

Basic earnings per common share (“EPS”) are computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

2015

  

2014

 

2015

  

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

Income (loss) from continuing operations(a)

$

5,712 

  

$

(3,998)

 

$

(25,330)

  

$

(13,296)

Discontinued operations

 

 —

  

 

(142)

 

 

 —

  

 

(503)

Net income (loss) attributable to Harvest

$

5,712 

  

$

(4,140)

 

$

(25,330)

  

$

(13,799)

Weighted average common shares outstanding

 

44,077 

  

 

42,032 

 

 

43,139 

  

 

41,925 

Effect of dilutive securities

 

 —

  

 

 —

 

 

 —

  

 

 —

Weighted average common shares, diluted

 

44,077 

  

 

42,032 

 

 

43,139 

  

 

41,925 

Basic income (loss) per share:

 

 

  

 

 

 

 

 

  

 

 

Income (loss) from continuing operations(a)

$

0.13 

  

$

(0.10)

 

$

(0.59)

  

$

(0.32)

Discontinued operations

 

 —

  

 

 —

 

 

 —

  

 

(0.01)

Basic income (loss) per share

$

0.13 

  

$

(0.10)

 

$

(0.59)

  

$

(0.33)

Diluted income (loss) per share:

 

 

  

 

 

 

 

 

  

 

 

Income (loss) from continuing operations(a)

$

0.13 

  

$

(0.10)

 

$

(0.59)

  

$

(0.32)

Discontinued operations

 

 —

  

 

 —

 

 

 —

  

 

(0.01)

Diluted income (loss) per share

$

0.13 

  

$

(0.10)

 

$

(0.59)

  

$

(0.33)

 

(a)

Net of net income (loss) attributable to noncontrolling interests.

During the three months ended September 30, 2015 per share calculations above exclude 0.1 million unvested restricted shares, 3.2 million options and 38.2 million warrants because they were anti-dilutive. During the three months ended September 30, 2014 per share calculations above exclude 0.1 million unvested restricted shares, 4.6 million options and 2.5 million warrants because they were anti-dilutive.

During the nine months ended September 30, 2015 per share calculations above exclude 0.1 million unvested restricted shares, 4.0 million options and 38.2 million warrants because they were anti-dilutive. During the nine months ended September 30, 2014 per share calculations above exclude 0.2 million unvested restricted shares, 4.5 million options and 2.5 million warrants because they were anti-dilutive.