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Note 13 - Loss Per Common Share
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Earnings Per Share [Text Block]
13.
LOSS PER COMMON SHARE
 
In accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic
260
(“FASB ASC
260”
), “Earnings per Share,” Basic loss from continuing operations per share, basic income from discontinued operations per share and basic net income (loss) per share that is available to shareholders is computed by dividing the income or loss by the weighted average number of common shares outstanding during the period. Diluted net loss per share is computed by dividing the respective loss available to common stockholders by the weighted average number of diluted shares outstanding during the period calculated using the treasury stock method. Due to the Company's loss from continuing operations in the 
three
months ended
March 31, 2021
and
March 31, 2020
, the assumed exercise of stock options and the unvested restricted stock that would otherwise increase diluted shares using the treasury stock method would have had an antidilutive effect and therefore
0.2
 million shares related to stock options outstanding at
March 31, 2021 
and
3
million shares of restricted stock were excluded from the computation of diluted net loss per share for the 
three
months ended
March 31, 2021
and
0.8
 million shares related to stock options outstanding at
March 31, 2020
were excluded for the
three
months ended
March 31, 2020
. Accordingly, diluted earnings (loss) per share for continuing operations, discontinued operations and net income is the same as basic earnings (loss) per share for continuing operations, discontinued operations and net income for the
three
months ended
March 31, 2021
and
2020
.
 
 
   
For the Three Months
 
(in thousands, except share and per share amounts)
 
Ended March 31,
 
   
2021
   
2020
 
Loss from continuing operations, net of income taxes
  $
(17,952
)   $
(6,952
)
Income from discontinued operations, net of income taxes
   
     
(429
)
                 
Net loss
  $
(17,952
)   $
(7,381
)
                 
Basic and diluted weighted average number of shares outstanding
   
44,564,868
     
28,420,730
 
                 
Loss from continuing operations per common share - basic and diluted
  $
(0.40
)   $
(0.24
)
                 
Loss from discontinued operations - basic and diluted
   
0.00
     
(0.02
)
                 
Loss per common share - basic and diluted
  $
(0.40
)   $
(0.26
)