XML 22 R9.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Earnings per Share
 6 Months Ended
Jun. 30, 2011
Earnings per Share [Abstract]  
Earnings per Share
4. Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share:
                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2011     2010     2011     2010  
 
                       
Basic Earnings Per Share computation:
                               
Numerator:
                               
Net loss
  $ (249 )   $ (1,029 )   $ (2,148 )   $ (1,824 )
Net loss attributable to noncontrolling interests
    (274 )     —       (2,055 )     —  
 
                       
Net income (loss) attributable to PCTEL, Inc.
    25       (1,029 )     (93 )     (1,824 )
Less: adjustments to redemption value of noncontrolling interests
    (106 )     —       (1,272 )     —  
 
                       
Net loss available to common shareholders
  $ (81 )   $ (1,029 )   $ (1,365 )   $ (1,824 )
 
                               
Denominator:
                               
Common shares outstanding
    17,355       17,540       17,259       17,454  
 
                               
Earnings per common share — basic
                               
 
                       
Net loss available to common shareholders
  $ (0.00 )   $ (0.06 )   $ (0.08 )   $ (0.10 )
 
                       
 
                               
Diluted Earnings Per Share computation:
                               
Numerator:
                               
Net loss
  $ (249 )   $ (1,029 )   $ (2,148 )   $ (1,824 )
Net loss attributable to noncontrolling interests
    (274 )     —       (2,055 )     —  
 
                       
Net income (loss) attributable to PCTEL, Inc.
    25       (1,029 )     (93 )     (1,824 )
Less: adjustments to redemption value of noncontrolling interests
    (106 )     —       (1,272 )     —  
 
                       
Net loss available to commons shareholders
  $ (81 )   $ (1,029 )   $ (1,365 )   $ (1,824 )
 
                               
Denominator:
                               
Common shares outstanding
    17,355       17,540       17,259       17,454  
Restricted shares subject to vesting
    *       *       *       *  
Common stock option grants
    *       *       *       *  
 
                       
Total shares
    17,355       17,540       17,259       17,454  
 
                               
Earnings per common share — diluted
                               
 
                       
Net loss available to common shareholders
  $ (0.00 )   $ (0.06 )   $ (0.08 )   $ (0.10 )
 
                       
 
*   As denoted by “*” in the table above, the weighted average common stock option grants and restricted shares of 418,000 and 454,000 for the three and six months ended June 30, 2011, respectively, and 283,000 and 560,000 for the three and six months ended June 30, 2010, respectively, were excluded from the calculations of diluted net loss per share since their effects are anti-dilutive.