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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Loss Per Share

The following table sets forth the computation of basic and diluted loss per common share (in thousands, except for per share amounts):
 
 
Three Months Ended
March 31,
 
 
2013
 
2012
Numerator:
 
 
 
 
Loss from continuing operations, net of income taxes
 
$
(7,470
)
 
$
(2,023
)
Loss from discontinued operations, net of income taxes
 
(658
)
 
(680
)
Net loss
 
$
(8,128
)
 
$
(2,703
)
 
 
 
 
 
Denominator - Basic:
 
 

 
 

Weighted average number of common shares outstanding
 
57,047

 
55,307

 
 
 
 
 
Basic loss from continuing operations
 
$
(0.13
)
 
$
(0.04
)
Basic loss from discontinued operations
 
(0.01
)
 
(0.01
)
Basic loss
 
$
(0.14
)
 
$
(0.05
)
 
 
 
 
 
Denominator - Diluted:
 
 

 
 

Weighted average number of common shares outstanding
 
57,047

 
55,307

Common share equivalents of outstanding stock options and restricted awards
 
—

 
—

Total diluted shares outstanding
 
57,047

 
55,307

 
 
 
 
 
Diluted loss from continuing operations
 
$
(0.13
)
 
$
(0.04
)
Diluted loss from discontinued operations
 
(0.01
)
 
(0.01
)
Diluted loss
 
$
(0.14
)
 
$
(0.05
)



ASC Topic 260, Earnings Per Share, requires that income from continuing operations be used as the basis of determining whether the inclusion of common stock equivalents would be anti-dilutive. Thus, the computation of diluted shares for the three months ended March 31, 2013 and 2012 excludes the effect of 3.4 million warrants with an exercise price of $10 issued in connection with the acquisition of Critical Homecare Solutions Holdings, Inc. ("CHS") in 2010 as their inclusion would be anti-dilutive to earnings per common share from continuing operations. In addition to the warrants, the computation of diluted shares for the three months ended March 31, 2013 and 2012 excludes the effect of 6.5 million and 6.9 million, respectively, of other common stock equivalents as their inclusion would be anti-dilutive to earnings per common share from continuing operations.