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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE

Income (Loss) Per Share

The following table sets forth the computation of basic and diluted income (loss) per common share (in thousands, except for per share amounts):
 
 
Three Months Ended 
 March 31,
 
 
2014
 
2013
Numerator:
 
 
 
 
Loss from continuing operations, net of income taxes
 
$
(25,422
)
 
$
(8,441
)
Income from discontinued operations, net of income taxes
 
108

 
313

Net loss
 
$
(25,314
)
 
$
(8,128
)
 
 
 
 
 
Denominator - Basic and Diluted:
 
 

 
 

Weighted average number of common shares outstanding
 
68,171

 
57,047

 
 
 
 
 
Loss from continuing operations, basic and diluted
 
$
(0.37
)
 
$
(0.15
)
Income from discontinued operations, basic and diluted
 
—

 
0.01

Loss per common share, basic and diluted
 
$
(0.37
)
 
$
(0.14
)


Accounting Standards Codification ("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. Accordingly, the computation of diluted shares for the three months ended March 31, 2014 and 2013 excludes the effect of the Company's 3.1 million common stock purchase 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, 2014 and 2013 excludes the effect of 3.8 million and 6.5 million shares, respectively, of other common stock equivalents as their inclusion would be anti-dilutive to earnings per common share from continuing operations.