Earnings/(Loss) Per Share

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 17. Earnings/(Loss) Per Share

The Company effected a 1-for-4 reverse stock split of its common shares as of February 26, 2015. All historical share amounts, share price information and earnings/(loss) per share information presented have been proportionally adjusted to reflect the impact of this reverse stock split.

 

Computation of the basic and diluted earnings/(loss) per share from continuing operations consisted of the following:

	Three-Month Period Ended September 30,
	2015						2014
	(Unaudited)						(Unaudited)
(amounts in thousands, except per			Number of		Per Share				Number of		Per Share
share data)	Income		Shares		Amount		Loss		Shares		Amount
Basic
Net income/(loss) attributable to equity shareholders	$	1,446		14,460	$	0.10	$	(261)		7,506	$	(0.04)
Effect of dilutive securities
Dilutive stock options/restricted shares (1)				17						—
Diluted
Net income/(loss) attributable to equity shareholders plus assumed conversion	$	1,446		14,477	$	0.10	$	(261)		7,506	$	(0.04)

	Nine-Month Period Ended September 30,
	2015						2014
	(Unaudited)						(Unaudited)
(amounts in thousands, except per			Number of		Per Share				Number of		Per Share
share data)	Income		Shares		Amount		Loss		Shares		Amount
Basic
Net income/(loss) attributable to equity shareholders	$	3,478		14,456	$	0.24	$	(899)		7,502	$	(0.12)
Effect of dilutive securities
Dilutive stock options/restricted shares (1)				27						—
Diluted
Net income/(loss) attributable to equity shareholders plus assumed conversion	$	3,478		14,483	$	0.24	$	(899)		7,502	$	(0.12)

(1) There was no difference in diluted loss per share from basic loss per share as the assumed exercise of common stock equivalents would have an anti-dilutive effect due to losses for the three-month and nine-month period ended September 30, 2014.

	Three-Month Period				Nine-Month Period
	Ended September 30,				Ended September 30,
	2015		2014		2015		2014
	(Unaudited)		(Unaudited)		(Unaudited)		(Unaudited)
Anti-dilutive outstanding stock options excluded from computation of diluted earnings per share		753,874		808,872		744,381		755,747