Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 14 : Earnings (Loss) Per Share

Basic earnings (loss) per share is calculated using the weighted average number of shares outstanding during each period. The diluted earnings (loss) per share calculation includes the impact of dilutive equity compensation awards and contingent consideration warrants.

A reconciliation of basic and diluted earnings (loss) per share, together with the related shares outstanding in thousands for the years ended December 31, is as follows:  

	2015		2014		2013
Net income (loss) from continuing operations	$	40,659	$	(88,924)	$	(46,509)
Net income (loss) from discontinued operations		-		4,018		3,584
Net income (loss)	$	40,659	$	(84,906)	$	(42,925)
Weighted average shares:
Basic shares		40,580		36,214		25,450
Effect of dilutive securities—options and warrants outstanding		3,039		-		-
Diluted shares		43,619		36,214		25,450
Earnings (loss) per share - Basic:
Continuing operations	$	1.00	$	(2.45)	$	(1.83)
Discontinued operations		-		0.11		0.14
Net income (loss)	$	1.00	$	(2.34)	$	(1.69)
Earnings (loss) per share - Diluted:
Continuing operations	$	0.93	$	(2.45)	$	(1.83)
Discontinued operations		-		0.11		0.14
Net income (loss)	$	0.93	$	(2.34)	$	(1.69)

Potential common shares of 635, 6,753, and 7,753 were excluded from the calculation of weighted average shares for the years ended December 31, 2015, 2014 and 2013, because their effect was considered to be anti-dilutive. For the years ended December 31, 2014 and 2013, the effects of dilutive securities were entirely excluded from the calculation of earnings per share as a net loss was reported in these periods.