• Filing Date: 2018-08-20
  • Form Type: 10-Q
  • Description: Quarterly report
v3.10.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Actual Basic and Diluted Earnings Per Share
The following table reconciles actual basic and diluted earnings per share for the three months and six months ended June 30, 2018 and 2017 (in thousands except per share data).
 
For the Three Months Ended
June 30,
 
For the Six Months Ended June 30,
 
2018(1)
 
2017(2)
 
2018(1)
 
2017(2)
Income (loss) per share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income (loss) from continuing operations
$
(9,603
)
 
$
(6,474
)
 
$
(13,598
)
 
$
(4,588
)
Net income (loss) from discontinued operations
(4
)
 
(35
)
 
(5
)
 
(225
)
Net income (loss)
$
(9,607
)
 
$
(6,509
)
 
$
(13,603
)
 
$
(4,813
)
Basic and diluted (loss) income per common share:


 
 
 
 
 
 
 
Basic and diluted (loss) income per share from continuing operations

$
(0.06
)
 
$
(0.23
)
 
$
(0.09
)
 
$
(0.16
)
Basic and diluted (loss) income per share from discontinued operations

$

 
$

 

 
(0.01
)
Basic and diluted (loss) income per share available to common shareholders

$
(0.06
)
 
$
(0.23
)
 
$
(0.09
)
 
$
(0.17
)
Denominator:
 
 
 
 
 
 
 
Basic and Diluted
155,810,449

 
28,169,414

 
155,800,082

 
28,159,080


(1)
The computation of diluted EPS does not include 2,558,522 shares of restricted stock, 85,000 shares of common stock underlying options, 100,000 shares of stock appreciation rights, 44,500,000 shares of common stock underlying warrants, and up to 37,918,483 shares of common stock issuable upon conversion of the 5% Convertible Notes (as defined below) and up to 181,249 shares of common stock issuable upon the conversion of the 8.5% Convertible Notes (as defined below), as the effect of their inclusion would have been anti-dilutive.
(2)
The computation of diluted EPS did not include 200,000 shares of restricted stock, 605,227 shares of common stock underlying options, 6,240,521 shares of common stock underlying warrants, and up to 11,266,011 shares of common stock issuable upon conversion of the 8.5% Convertible Notes, as the effect of their inclusion would have been anti-dilutive.