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Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2013
Earnings (Loss) Per Share  
Earnings (Loss) Per Share

(3) Earnings (Loss) Per Share

 

Our computation of earnings (loss) per share — basic and diluted is as follows:

 

 

 

Three Months Ended 
September 30,

 

Nine Months Ended 
September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(In thousands, except per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

(13,513

)

$

195

 

$

(9,129

)

$

1,903

 

Net income attributable to noncontrolling interests

 

4

 

134

 

4

 

400

 

Net income (loss) attributable to Ciber, Inc. from continuing operations

 

(13,517

)

61

 

(9,133

)

1,503

 

Loss from discontinued operations, net of income tax

 

(952

)

(9,510

)

(5,489

)

(9,890

)

Net loss attributable to Ciber, Inc.

 

$

(14,469

)

$

(9,449

)

$

(14,622

)

$

(8,387

)

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

75,070

 

73,276

 

74,611

 

73,008

 

Dilutive effect of employee stock plans

 

 

371

 

 

490

 

Diluted weighted average shares outstanding

 

75,070

 

73,647

 

74,611

 

73,498

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings (loss) per share attributable to Ciber, Inc.:

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.18

)

$

 

$

(0.12

)

$

0.02

 

Discontinued operations

 

(0.01

)

(0.13

)

(0.08

)

(0.13

)

Basic and diluted loss per share attributable to Ciber, Inc.

 

$

(0.19

)

$

(0.13

)

$

(0.20

)

$

(0.11

)

 

 

 

 

 

 

 

 

 

 

Anti-dilutive securities omitted from the calculation

 

6,541

 

8,103

 

6,088

 

8,217

 

 

Dilutive securities, including stock options and restricted stock units, are excluded from the diluted weighted average shares outstanding computation in periods in which they have an anti-dilutive effect, such as when we report a net loss attributable to Ciber, Inc. from continuing operations, or when stock options have an exercise price that is greater than the average market price of Ciber common stock during the period.