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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

(dollars in thousands, except per share data)

 

March 31,

 

 

2014

 

2013

Basic and Diluted Earnings per Share

 

 

 

 

 

 

Calculation:

 

 

 

 

 

 

Numerator: basic and diluted

 

 

 

 

 

 

Net earnings (loss) attributable

 

 

 

 

 

 

to common shareholders:

 

 

 

 

 

 

Continuing operations

 

$

(1,694)

 

$

(3,856)

Discontinued operations

 

 

343 

 

 

(1,039)

Net earnings (loss) attributable to

 

 

 

 

 

 

common shareholders - total basic and diluted

 

$

(1,351)

 

$

(4,895)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average number

 

 

 

 

 

 

of common shares - basic and diluted

 

 

2,892,348 

 

 

2,887,616 

 

 

 

 

 

 

 

Basic and Diluted  Earnings

 

 

 

 

 

 

Per Common Share:

 

 

 

 

 

 

Net earnings (loss) attributable

 

 

 

 

 

 

to common shareholders

 

 

 

 

 

 

per weighted average common share:

 

 

 

 

 

 

Continuing operations - basic and diluted

 

$

(0.59)

 

$

(1.34)

Discontinued operations - basic and diluted

 

 

0.12 

 

 

(0.36)

Total - Basic and Diluted EPS

 

$

(0.47)

 

$

(1.70)

 

Schedule Of Potentially Dilutive Securities Excluded From Computation Of Earnings Per Share

 

 

 

 

 

 

 

 

 

Three months ended

 

March 31

 

2014

 

2013

Outstanding stock options

17,563 

 

27,878 

Unvested stock awards outstanding

11,049 

 

1,818 

Warrants

3,750,000 

 

3,750,000 

Series C preferred stock

3,750,000 

 

3,750,000 

Convertible debt

1,307,190 

 

Total potentially dilutive securities

 

 

 

excluded from the denominator

8,835,802 

 

7,529,696