Earnings Per Share

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 2 – Earnings per Share

Earnings per share (“EPS”) are calculated by dividing net income attributable to common stockholders by the weighted-average number of shares of Common Stock outstanding during the period. Diluted EPS are calculated similarly but includes potential dilution from the exercise of stock options and stock awards, except when the effect would be anti-dilutive. A total of 0.8 million and 2.6 million stock options and stock awards outstanding during the three months ended March 31, 2017 and 2016, respectively,were excluded from the calculation because the effect was anti-dilutive.  

The table below sets forth the reconciliation between net income (loss) and the weighted average shares outstanding used for calculating basic and diluted EPS for the three months ended March 31, 2017 and 2016:

	Three Months Ended
	March 31,
	2017		2016
Earnings (numerator)
Net income (loss) attributable to common stockholders	$	1,217	$	(1,733	)
Shares (denominator)
Weighted average common shares outstanding (basic)		48,316		48,288
Dilutive effect of stock options and stock awards outstanding		1,347		-
Adjusted weighted average common shares outstanding (diluted)		49,663		48,288
Earnings (loss) per share attributable to common stockholders
Basic	$	0.03	$	(0.04	)
Diluted	$	0.02	$	(0.04	)