XML 42 R14.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings (Loss) Per Common Share
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER COMMON SHARE
EARNINGS (LOSS) PER COMMON SHARE
Information with respect to basic and diluted net income (loss) per common share is presented below in thousands, except per share:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
 
 
 
 
 
2015
 
2014
 
2015
 
2014
Numerator: Income amounts attributable to Diversicare Healthcare Services, Inc. common shareholders:
 
 
 
 
 
 
 
Income from continuing operations
$
669

 
$
219

 
1,481

 
759

Less: loss attributable to noncontrolling interests
—

 
—

 
—

 
25

Income from continuing operations attributable to Diversicare Healthcare Services, Inc.
669

 
219

 
1,481

 
784

Preferred stock dividends
—

 
(48
)
 
—

 
(220
)
Income from continuing operations attributable to Diversicare Healthcare Services, Inc. common shareholders
669

 
171

 
1,481

 
564

Income (loss) from discontinued operations, net of income taxes
(238
)
 
3,928

 
(800
)
 
3,444

Net income (loss) attributable to Diversicare Healthcare Services, Inc. common shareholders
$
431

 
$
4,099

 
$
681

 
$
4,008

 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2015
 
2014
 
2015
 
2014
Net income (loss) per common share:
 
 
 
 
 
 
 
Per common share – basic
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.11

 
$
0.03

 
$
0.24

 
$
0.09

Income (loss) from discontinued operations
 
 
 
 
 
 
 
Operating income (loss), net of taxes
(0.04
)
 
(0.10
)
 
(0.13
)
 
(0.18
)
Gain on disposal, net of taxes
—

 
0.75

 
—

 
0.75

Discontinued operations, net of taxes
(0.04
)
 
0.65

 
(0.13
)
 
0.57

Net income (loss) per common share – basic
$
0.07

 
$
0.68

 
$
0.11

 
$
0.66

Per common share – diluted
 
 
 
 
 
 
 
Income from continuing operations
$
0.11

 
$
0.03

 
$
0.24

 
$
0.09

Income (loss) from discontinued operations
 
 
 
 
 
 
 
Operating income (loss), net of taxes
(0.04
)
 
(0.10
)
 
(0.13
)
 
(0.17
)
Gain on disposal, net of taxes
—

 
0.73

 
—

 
0.73

Discontinued operations, net of taxes
(0.04
)
 
0.63

 
(0.13
)
 
0.56

Net income (loss) per common share - diluted
$
0.07

 
$
0.66

 
$
0.11

 
$
0.65

Denominator: Weighted Average Common Shares Outstanding:
 
 
 
 
 
 
 
Basic
6,121

 
6,020

 
6,089

 
6,004

Diluted
6,331

 
6,248

 
6,310

 
6,171


The effects of 16,000 and 57,000 SOSARs and options outstanding were excluded from the computation of diluted earnings per common share in the nine months ended September 30, 2015 and 2014, respectively, because these securities would have been anti-dilutive.