NOTE 12: EARNINGS (LOSS)
PER SHARE
The following
table presents a reconciliation of basic and diluted earnings
(loss) per share for the three-month periods ended March 31,
2013 and 2012:
|
|
|
|
|
|
|
|
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| |
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For the Three-Month
Periods Ended March 31 |
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| |
|
2013 |
|
|
2012 |
|
|
Income (loss) from
continuing operations
|
|
$ |
(85,341 |
) |
|
$ |
(103,664 |
) |
|
(Income) loss allocated to
preferred shares
|
|
|
(5,218 |
) |
|
|
(3,410 |
) |
|
(Income) loss allocated to
noncontrolling interests
|
|
|
27 |
|
|
|
55 |
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from
continuing operations allocable to common shares
|
|
|
(90,532 |
) |
|
|
(107,019 |
) |
|
Income (loss) from
discontinued operations
|
|
|
0 |
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) allocable
to common shares
|
|
$ |
(90,532 |
) |
|
$ |
(107,019 |
) |
|
|
|
|
|
|
|
|
|
|
Weighted-average shares
outstanding—Basic
|
|
|
60,363,153 |
|
|
|
44,150,924 |
|
|
Dilutive securities under
the treasury stock method
|
|
|
0 |
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
Weighted-average shares
outstanding— Diluted
|
|
|
60,363,153 |
|
|
|
44,150,924 |
|
|
|
|
|
|
|
|
|
|
|
Earnings (loss) per
share—Basic:
|
|
|
|
|
|
|
|
|
|
Continuing
operations
|
|
$ |
(1.50 |
) |
|
$ |
(2.42 |
) |
|
Discontinued
operations
|
|
|
0.00 |
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
Total earnings (loss) per
share—Basic
|
|
$ |
(1.50 |
) |
|
$ |
(2.42 |
) |
|
|
|
|
|
|
|
|
|
|
Earnings (loss) per
share—Diluted:
|
|
|
|
|
|
|
|
|
|
Continuing
operations
|
|
$ |
(1.50 |
) |
|
$ |
(2.42 |
) |
|
Discontinued
operations
|
|
|
0.00 |
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
Total earnings (loss) per
share—Diluted
|
|
$ |
(1.50 |
) |
|
$ |
(2.42 |
) |
|
|
|
|
|
|
|
|
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For the
three-month periods ended March 31, 2013 and 2012, securities
convertible into 16,021,459 and 15,431,009 common shares,
respectively, were excluded from the earnings (loss) per share
computations because their effect would have been
anti-dilutive.
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