4. EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 4 – EARNINGS PER SHARE

Earnings per share is based upon the weighted average number of shares of common stock and common stock equivalents outstanding, net of common stock held in treasury, as follows (in thousands except share and per share data):

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2014		2013			2014			2013
Net income (loss) attributable to RadNet, Inc.'s common stockholders	$	4,451	$	(467	)	$	(2,829	)	$	877
BASIC NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC.'S COMMON STOCKHOLDERS
Weighted average number of common shares outstanding during the period		41,644,606		39,235,863			40,734,083			39,105,522
Basic net income (loss) per share attributable to RadNet, Inc.'s common stockholders	$	0.11	$	(0.01	)	$	(0.07	)	$	0.02
DILUTED NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC.'S COMMON STOCKHOLDERS
Weighted average number of common shares outstanding during the period		41,644,606		39,235,863			40,734,083			39,105,522
Add nonvested restricted stock subject only to service vesting		1,001,190		–			–			311,419
Add additional shares issuable upon exercise of stock options and warrants		1,387,784		–			–			469,199
Weighted average number of common shares used in calculating diluted net income per share		44,033,580		39,235,863			40,734,083			39,886,140
Diluted net income (loss) per share attributable to RadNet, Inc.'s common stockholders	$	0.10	$	(0.01	)	$	(0.07	)	$	0.02

For the three months ended September 30, 2013 and the nine months ended September 30, 2014 we excluded all outstanding options, warrants and restricted stock awards in the calculation of diluted earnings per share because their effect would be antidilutive.