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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2018
EARNINGS PER SHARE  
Schedule of reconciliation of numerators and denominators used to calculate basic and diluted net (loss) income per share

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

(in thousands, except per share data)

    

2018

    

2017

    

2016

Loss from continuing operations applicable to common shareholders

 

$

(858)

 

$

(104,671)

 

$

(107,406)

Income from discontinued operations, net of income taxes

 

 

 —

 

 

 —

 

 

935

Net loss applicable to common shareholders

 

$

(858)

 

$

(104,671)

 

$

(106,471)

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

36,764,551

 

 

36,270,920

 

 

35,933,222

Effect of potentially dilutive restricted stock units and options (1)

 

 

 —

 

 

 —

 

 

 —

Weighted average shares outstanding - diluted

 

 

36,764,551

 

 

36,270,920

 

 

35,933,222

 

 

 

 

 

 

 

 

 

 

Basic and diluted:

 

 

 

 

 

 

 

 

 

Loss from continuing operations per share applicable to common stock

 

$

(0.02)

 

$

(2.89)

 

$

(2.99)

Income from discontinued operations per share applicable to common stock

 

 

 —

 

 

 —

 

 

0.03

Net loss per share applicable to common shareholders

 

$

(0.02)

 

$

(2.89)

 

$

(2.96)


(1)

As we are recognizing a loss for the years ended December 31, 2018, 2017, and 2016, shares used to compute diluted per share amounts excludes 709,309 shares, 295,718 shares, and 145,497 shares, respectively, of potentially dilutive shares related to unvested restricted stock units and unexercised options in accordance with ASC 260 - Earnings Per Share.