EARNINGS (LOSS) PER SHARE |
EARNINGS (LOSS) PER SHARE A reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share calculations were as follows: | | | | | | | | | | | | | | | | Year Ended | | | December 31, | | | 2014 | | 2013 | | 2012 | Earnings (loss) per share ("EPS"): | | |
| | |
| | | EPS - basic and diluted | | | | | | | Income (loss) from continuing operations | | $ | (0.48 | ) | | $ | (0.93 | ) | | $ | (0.22 | ) | Income (loss) from discontinued operations | | 0.08 |
| | (0.01 | ) | | 0.05 |
| Net income (loss) | | $ | (0.40 | ) | | $ | (0.94 | ) | | $ | (0.17 | ) | EPS numerator - basic and diluted: | | |
| | | | | Income (loss) from continuing operations | | $ | (15,786 | ) | | $ | (30,211 | ) | | $ | (7,222 | ) | Income (loss) from discontinued operations, net of income taxes | | 2,592 |
| | (184 | ) | | 1,887 |
| Net income (loss) | | $ | (13,194 | ) | | $ | (30,395 | ) | | $ | (5,335 | ) | EPS denominator (in thousands): | | |
| | | | | Weighted average common stock outstanding - basic | | 32,843 |
| | 32,493 |
| | 32,600 |
| Common stock equivalents: stock options and other stock-based awards (a) | | — |
| | — |
| | — |
| Weighted average number of common stock outstanding - diluted | | 32,843 |
| | 32,493 |
| | 32,600 |
|
| | (a) | For the periods in which net losses are presented, the diluted weighted average number of shares of common stock outstanding did not differ from the basic weighted average number of shares of common stock outstanding because the effects of any potential common stock equivalents (see Note 5 for further details on outstanding stock options, unvested restricted stock units and unvested restricted stock) were anti-dilutive and therefore not included in the calculation of the denominator of dilutive earnings per share. |
The weighted average number of shares outstanding used in the computation of diluted net income (loss) per share for the years ended December 31, 2014, 2013 and 2012 did not include the effect of the following potentially outstanding shares of common stock because the effect would have been anti-dilutive: | | | | | | | | | | | | | Year Ended | | | December 31, | | | 2014 | | 2013 | | 2012 | Unvested restricted stock | | 803,999 |
| | 997,802 |
| | 1,028,916 |
| Unvested restricted stock units | | 119,940 |
| | 115,869 |
| | 100,000 |
| Stock options | | 756,800 |
| | 800,350 |
| | 1,238,650 |
| Total | | 1,680,739 |
| | 1,914,021 |
| | 2,367,566 |
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