Schedule of effect of corrections on the Company's consolidated statements of operations |
The following tables present the effect of these corrections on the company's consolidated statements of operations for each of the quarters in the year ended December 31, 2012 (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2012 | | Three Months Ended June 30, 2012 | | As Reported | | Adjustment | | As Revised | | As Reported | | Adjustment | | As Revised | Weighted average basic shares outstanding | 11,173 |
| | (618 | ) | | 10,555 |
| | 11,303 |
| | (618 | ) | | 10,685 |
| Weighted average diluted shares outstanding | 11,414 |
| | (859 | )* | | 10,555 |
| | 11,303 |
| | (618 | ) | | 10,685 |
| Net loss per share from continuing operations: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | (0.29 | ) | | $ | (0.02 | ) | | $ | (0.31 | ) | | $ | (0.16 | ) | | $ | 0.00 |
| | $ | (0.16 | ) | Diluted | $ | (0.29 | ) | | $ | (0.02 | ) | | $ | (0.31 | ) | | $ | (0.16 | ) | | $ | 0.00 |
| | $ | (0.16 | ) | Net income per share from discontinuing operations: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | 1.56 |
| | $ | 0.09 |
| | $ | 1.65 |
| | $ | 2.44 |
| | $ | 0.14 |
| | $ | 2.58 |
| Diluted | $ | 1.53 |
| | $ | 0.12 | * | | $ | 1.65 |
| | $ | 2.44 |
| | $ | 0.14 |
| | $ | 2.58 |
| Net income per share: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | 1.27 |
| | $ | 0.07 |
| | $ | 1.34 |
| | $ | 2.28 |
| | $ | 0.13 |
| | $ | 2.41 |
| Diluted | $ | 1.24 |
| | $ | 0.10 | * | | $ | 1.34 |
| | $ | 2.28 |
| | $ | 0.13 |
| | $ | 2.41 |
| | | | | | | | | | | | |
| | * | Includes correction of an error of 241 shares and $0.03 per share made during the first quarter of 2012 related to the control number utilized for diluted earnings per share. |
The following table presents the effect of these corrections on the company's consolidated statements of operations for the years ended December 31, 2012 and December 31, 2011 (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2012 | | Year Ended December 31, 2011 | | As Reported | | Adjustment | | As Revised | | As Reported | | Adjustment | | As Revised | Weighted average basic shares outstanding | 11,313 |
| | (618 | ) | | 10,695 |
| | 10,995 |
| | (618 | ) | | 10,377 |
| Weighted average diluted shares outstanding | 11,313 |
| | (618 | ) | | 10,695 |
| | 10,995 |
| | (618 | ) | | 10,377 |
| Net loss per share from continuing operations: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | (0.20 | ) | | $ | (0.01 | ) | | $ | (0.21 | ) | | $ | (4.52 | ) | | $ | (0.27 | ) | | $ | (4.79 | ) | Diluted | $ | (0.20 | ) | | $ | (0.01 | ) | | $ | (0.21 | ) | | $ | (4.52 | ) | | $ | (0.27 | ) | | $ | (4.79 | ) | Net income (loss) per share from discontinuing operations: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | 4.32 |
| | $ | 0.25 |
| | $ | 4.57 |
| | $ | (0.89 | ) | | $ | (0.05 | ) | | $ | (0.94 | ) | Diluted | $ | 4.32 |
| | $ | 0.25 |
| | $ | 4.57 |
| | $ | (0.89 | ) | | $ | (0.05 | ) | | $ | (0.94 | ) | Net income (loss) per share: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | 4.12 |
| | $ | 0.24 |
| | $ | 4.36 |
| | $ | (5.41 | ) | | $ | (0.32 | ) | | $ | (5.73 | ) | Diluted | $ | 4.12 |
| | $ | 0.24 |
| | $ | 4.36 |
| | $ | (5.41 | ) | | $ | (0.32 | ) | | $ | (5.73 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2012 | | Three Months Ended December 31, 2012 | | As Reported | | Adjustment | | As Revised | | As Reported | | Adjustment | | As Revised | Weighted average basic shares outstanding | 11,389 |
| | (618 | ) | | 10,771 |
| | 11,386 |
| | (618 | ) | | 10,768 |
| Weighted average diluted shares outstanding | 12,003 |
| | (618 | ) | | 11,385 |
| | 12,175 |
| | (618 | ) | | 11,557 |
| Net income per share from continuing operations: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | 0.02 |
| | $ | 0.01 |
| | $ | 0.03 |
| | $ | 0.22 |
| | $ | 0.01 |
| | $ | 0.23 |
| Diluted | $ | 0.02 |
| | $ | 0.00 |
| | $ | 0.02 |
| | $ | 0.21 |
| | $ | 0.01 |
| | $ | 0.22 |
| Net income (loss) per share from discontinuing operations: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | 0.36 |
| | $ | 0.02 |
| | $ | 0.38 |
| | $ | (0.02 | ) | | $ | 0.00 |
| | $ | (0.02 | ) | Diluted | $ | 0.35 |
| | $ | 0.01 |
| | $ | 0.36 |
| | $ | (0.02 | ) | | $ | 0.00 |
| | $ | (0.02 | ) | Net income per share: | |
| | |
| | |
| | |
| | |
| | |
| Basic | $ | 0.38 |
| | $ | 0.03 |
| | $ | 0.41 |
| | $ | 0.20 |
| | $ | 0.02 |
| | $ | 0.22 |
| Diluted | $ | 0.37 |
| | $ | 0.01 |
| | $ | 0.38 |
| | $ | 0.19 |
| | $ | 0.01 |
| | $ | 0.20 |
|
|
Schedule of effect of errors on consolidated balance sheet |
The following table presents the effect these errors had on the consolidated balance sheet at December 31, 2012: | | | | | | | | | | | December 31, 2012 | | As Reported | | Adjustment | | As Adjusted | Issued shares | 12,625,678 |
| | (430,469 | ) | | 12,195,209 |
| Outstanding shares | 11,437,199 |
| | (430,469 | ) | | 11,006,730 |
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