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NET INCOME (LOSS) PER COMMON SHARE
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] 9.NET INCOME (LOSS) PER COMMON SHAREThe following tables present the computations of basic and diluted net income (loss) per share from continuing operations and discontinued operations:

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

 

June 30,

 

June 30,

 

 

 

 

2019

 

2018

 

2019

 

2018

 

 

 

(amounts in thousands except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic Income (Loss) Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to the Company - continuing operations

 

$

25,992

 

$

1,597

 

$

29,116

 

$

(12,609)

 

 

Net income available to common shareholders from

 

 

 

 

 

 

 

 

 

 

 

 

 

 

continuing operations

 

 

25,992

 

 

1,597

 

 

29,116

 

 

(12,609)

 

 

Income (loss) from discontinued operations, net of tax

 

 

-

 

 

844

 

 

-

 

 

1,172

 

 

Net income (loss) available to common shareholders

 

$

25,992

 

$

2,441

 

$

29,116

 

$

(11,437)

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

138,760

 

 

138,639

 

 

138,685

 

 

138,962

 

 

Net Income (Loss) Per Common Share - Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations per share available to common shareholders - Basic

 

$

0.19

 

$

0.01

 

$

0.21

 

$

(0.09)

 

 

Net income (loss) from discontinued operations per share available to common shareholders - Basic

 

$

-

 

$

0.01

 

$

-

 

$

0.01

 

 

Net income (loss) per share available

 

 

 

 

 

 

 

 

 

 

 

 

 

 

to common shareholders - Basic

 

$

0.19

 

$

0.02

 

$

0.21

 

$

(0.08)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted Income (Loss) Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to the Company - continuing operations

 

$

25,992

 

$

1,597

 

$

29,116

 

$

(12,609)

 

 

Net income available to common shareholders from

 

 

 

 

 

 

 

 

 

 

 

 

 

 

continuing operations

 

 

25,992

 

 

1,597

 

 

29,116

 

 

(12,609)

 

 

Income (loss) from discontinued operations, net of tax

 

 

-

 

 

844

 

 

-

 

 

1,172

 

 

Net income (loss) available to common shareholders

 

$

25,992

 

$

2,441

 

$

29,116

 

$

(11,437)

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

138,760

 

 

138,639

 

 

138,685

 

 

138,962

 

 

Effect of RSUs and options under the treasury stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

method

 

 

314

 

 

625

 

 

537

 

 

-

 

 

Diluted weighted average shares outstanding

 

 

139,074

 

 

139,263

 

 

139,222

 

 

138,962

 

 

Net Income (Loss) Per Common Share - Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations per share available to common shareholders - Diluted

 

$

0.19

 

$

0.01

 

$

0.21

 

$

(0.09)

 

 

Net income (loss) from discontinued operations per share available to common shareholders - Diluted

 

$

-

 

$

0.01

 

$

-

 

$

0.01

 

 

Net income (loss) per share available

 

 

 

 

 

 

 

 

 

 

 

 

 

 

to common shareholders - Diluted

 

$

0.19

 

$

0.02

 

$

0.21

 

$

(0.08)

Disclosure of Anti-Dilutive Shares

 

The following table presents those shares excluded as they were anti-dilutive:

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

Impact Of Equity Issuances

2019

 

2018

 

2019

 

2018

 

 

(amounts in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares excluded as anti-dilutive under the treasury stock method:

 

 

 

 

 

 

 

 

 

 

 

 

Options

 

545

 

 

563

 

 

550

 

 

566

 

Price range of options: from

$

6.43

 

$

9.66

 

$

6.43

 

$

9.66

 

Price range of options: to

$

13.98

 

$

13.98

 

$

13.98

 

$

13.98

 

RSUs with service conditions

 

2,239

 

 

1,689

 

 

1,807

 

 

1,447

RSUs excluded with service and market conditions as

 

 

 

 

 

 

 

 

 

 

 

market conditions not met

 

70

 

 

226

 

 

70

 

 

226

Excluded shares as anti-dilutive when reporting a net loss

 

-

 

 

-

 

 

-

 

 

1,059