Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

NOTE 9—NET INCOME (LOSS) PER SHARE

Basic net income (loss) per common share has been computed using the weighted-average number of shares of common stock outstanding during the period. Diluted loss per share is computed using the weighted-average number of common shares and common stock equivalents outstanding. Common stock equivalents totaling 2,339 and 5,000 for the three months ended March 31, 2015 and 2014 were excluded from the calculation of diluted earnings per share because of a decline in the average market price of common stock compared to the price on the grant date.

	Three Months Ended
	March 31,
	2015			2014
Numerator:
Numerator for basic earnings per share:
Net income (loss)	$	391		$	(3,164	)
Denominator (shares in thousands):
Basic earnings per share:
Weighted average shares		24,589			22,985
Less: restricted stock issued		(105	)		(164	)
Denominator for basic earnings per share:		24,483			22,821
Effect of dilutive shares:
Restricted stock awards		145			—
Stock options		321			—
Dilutive potential common shares		466			—
Denominator for diluted earnings per share:
Adjusted weighted average shares		24,949			22,821
Basic income (loss) per share attributable to Carmike stockholders	$	0.02		$	(0.14	)
Diluted income (loss) per share attributable to Carmike stockholders	$	0.02		$	(0.14	)