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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 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 
 June 30,
 
Six Months Ended 
 June 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Loss from continuing operations, net of income taxes
$
(18,611
)
 
$
(9,296
)
 
$
(43,867
)
 
$
(17,659
)
Income (loss) from discontinued operations, net of income taxes
(1,207
)
 
416

 
(1,265
)
 
651

Net loss
$
(19,818
)
 
$
(8,880
)
 
$
(45,132
)
 
$
(17,008
)
 
 
 
 
 
 
 
 
Denominator - Basic and Diluted:
 

 
 

 
 

 
 

Weighted average number of common shares outstanding
68,468

 
65,025

 
68,354

 
61,058

 
 
 
 
 
 
 
 
Loss from continuing operations, basic and diluted
$
(0.27
)
 
$
(0.14
)
 
$
(0.64
)
 
$
(0.29
)
Income (loss) from discontinued operations, basic and diluted
(0.02
)
 
—

 
(0.02
)
 
0.01

Loss per common share, basic and diluted
$
(0.29
)
 
$
(0.14
)
 
$
(0.66
)
 
$
(0.28
)


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 and six months ended June 30, 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 June 30, 2014 and 2013 excludes the effect of 4.1 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. For the six months ended June 30, 2014 and 2013, the computation of diluted shares excludes the effect of 3.9 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.