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Earnings (Loss) Per Common Share
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER COMMON SHARE
EARNINGS (LOSS) PER COMMON SHARE
Information with respect to basic and diluted net earnings (loss) per common share is presented below in thousands, except per share:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
 
 
 
 
 
2014
 
2013
 
2014
 
2013
Numerator: Income (loss) amounts attributable to Diversicare Healthcare Services, Inc. common shareholders:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
973

 
$
(2,421
)
 
$
540

 
$
(3,695
)
Less: income (loss) attributable to noncontrolling interests

 
(16
)
 
25

 
(34
)
Income (loss) from continuing operations attributable to Diversicare Healthcare Services, Inc.
973

 
(2,437
)
 
565

 
(3,729
)
Preferred stock dividends
(86
)
 
(86
)
 
(172
)
 
(172
)
Income (loss) from continuing operations attributable to Diversicare Healthcare Services, Inc. common shareholders
887

 
(2,523
)
 
393

 
(3,901
)
Income (loss) from discontinued operations, net of income taxes
128

 
242

 
(484
)
 
569

Net income (loss) attributable to Diversicare Healthcare Services, Inc. common shareholders
$
1,015

 
$
(2,281
)
 
$
(91
)
 
$
(3,332
)
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
Net income (loss) per common share:
 
 
 
 
 
 
 
Per common share – basic
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.15

 
$
(0.43
)
 
$
0.07

 
$
(0.67
)
Income (loss) from discontinued operations
 
 
 
 
 
 
 
Operating income (loss), net of taxes
0.02

 
0.04

 
(0.08
)
 
0.10

Discontinued operations, net of taxes
0.02

 
0.04

 
(0.08
)
 
0.10

Net income (loss) per common share – basic
$
0.17

 
$
(0.39
)
 
$
(0.01
)
 
$
(0.57
)
Per common share – diluted
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.14

 
$
(0.43
)
 
$
0.07

 
$
(0.67
)
Income (loss) from discontinued operations
 
 
 
 
 
 
 
Operating income (loss), net of taxes
0.02

 
0.04

 
(0.08
)
 
0.10

Discontinued operations, net of taxes
0.02

 
0.04

 
(0.08
)
 
0.10

Net income (loss) per common share - diluted
$
0.16

 
$
(0.39
)
 
$
(0.01
)
 
$
(0.57
)
Denominator: Weighted Average Common Shares Outstanding:
 
 
 
 
 
 
 
Basic
6,015

 
5,874

 
5,995

 
5,861

Diluted
6,181

 
5,874

 
5,995

 
5,861


The effects of 326,000 SOSARs and options outstanding were excluded from the computation of diluted earnings per common share for the three-month and six-month periods ended June 30, 2013, because these securities would have been anti-dilutive due to the net loss. The weighted average common shares for basic and diluted earnings for common shares were the same due to the year-to-date loss in these periods.