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Earnings From Continuing Operations Per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
(LOSS) EARNINGS FROM CONTINUING OPERATIONS PER SHARE
(LOSS) EARNINGS FROM CONTINUING OPERATIONS PER SHARE
The following table sets forth the reconciliation of numerators and denominators for the basic and diluted (loss) earnings from continuing operations per share computation for the three and six months ended June 30, 2019 and June 30, 2018:
(in thousands, except per share data)
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2019

 
2018

 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 
(Loss) income from continuing operations
 
$
(396
)
 
$
(4,262
)
 
$
2,793

 
$
(6,866
)
Less: net income attributable to noncontrolling interests
 
(258
)
 
(158
)
 
(469
)
 
(517
)
Less: dividends on preferred stock, net of tax
 
(252
)
 
(259
)
 
(498
)
 
(512
)
(Loss) income from continuing operations attributable to common shareholders
 
$
(906
)
 
$
(4,679
)
 
$
1,826

 
$
(7,895
)
Denominator:
 
 
 
 
 
 
 
 
Weighted average basic shares
 
 
 
 
 
 
 
 
       Weighted average common shares outstanding
 
21,867

 
21,708

 
21,854

 
21,708

Weighted average diluted shares
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
21,867

 
21,708

 
21,854

 
21,708

        Effect of potentially dilutive securities
 

 

 

 

Stock options
 

 

 

 

Unvested restricted stock awards
 

 

 

 

Unvested restricted stock units
 

 

 

 

Warrants
 

 

 

 

Convertible preferred stock
 

 

 

 

Total weighted average diluted shares
 
21,867

 
21,708

 
21,854

 
21,708

Basic (loss) earnings from continuing operations per share
 
$
(0.04
)
 
$
(0.22
)
 
$
0.08

 
$
(0.36
)
Diluted (loss) earnings from continuing operations per share
 
$
(0.04
)
 
$
(0.22
)
 
$
0.08

 
$
(0.36
)

Basic (loss) earnings from continuing operations per share is calculated using weighted-average common shares outstanding. Diluted (loss) earnings from continuing operations per share is calculated using weighted-average diluted shares. Weighted-average diluted shares is calculated by adding the effect of potentially dilutive securities to weighted-average common shares outstanding. Potentially dilutive securities consist of stock options, unvested restricted stock awards, unvested restricted stock units, warrants and convertible preferred stock. Because the Company is reporting a loss from continuing operations for the three months ended June 30, 2019 and June 30, 2018 and the six months ended June 30, 2018, all potentially dilutive securities outstanding were excluded from the calculation of diluted loss from continuing operations per share since their inclusion would have been anti-dilutive.