The following is a reconciliation of the numerator and denominator of basic and diluted earnings per share for the three and nine months ended September 30, 2015 and 2014:

(In 000s, except per share data)	Three Months Ended					Nine Months Ended
	September 30,			September 30,		September 30,			September 30,
	2015			2014		2015			2014
Numerator:
Net income (loss) attributable to Healthways, Inc. - numerator for basic earnings (loss) per share	$	(9,026	)	$	1,973	$	(11,520	)	$	(8,139	)

Denominator:
Shares used for basic income (loss) per share		35,939			35,351		35,756			35,263
Effect of dilutive securities outstanding:
Non-qualified stock options ⁽¹⁾		—			770		—			—
Restricted stock units ⁽¹⁾		—			318		—			—
Performance-based stock units⁽¹⁾		—			34		—			—
CareFirst Warrants ⁽¹⁾		—			4		—			—
Shares used for diluted income per share ⁽¹⁾	$	35,939		$	36,477	$	35,756		$	35,263

Earnings (loss) per share:
Basic	$	(0.25	)	$	0.06	$	(0.32	)	$	(0.23	)
Diluted ⁽¹⁾	$	(0.25	)	$	0.05	$	(0.32	)	$	(0.23	)

Dilutive securities outstanding not included in the computation of loss per share because their effect is antidilutive:
Non-qualified stock options		1,770			1,131		1,284			2,153
Restricted stock units		662			54		580			390
Performance-based stock units		—			2		—			16
Market stock units		8			—		3			—
Warrants related to Cash Convertible Notes		7,707			7,707		7,707			7,707
CareFirst Convertible Note		892			892		892			892
CareFirst Warrants		432			83		223			86

⁽¹⁾ The impact of potentially dilutive securities for the three and nine months ended September 30, 2015 and the nine months ended September 30, 2014 was not considered because the effect would be anti-dilutive in each of those periods.