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Net Loss Per Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Net Loss Per Share
NET LOSS PER SHARE
Basic net loss per common share has been computed using the weighted-average number of shares of common stock outstanding during the period. Diluted income per share is computed using the weighted-average number of common shares and common stock equivalents outstanding. As a result of the Company's net losses for the three and nine months ended September 30, 2016 all common stock equivalents aggregating 390,224 and 406,421, respectively, were excluded from the calculation of dilutive loss per share given their anti-dilutive effect. As a result of the Company's net losses for the three and nine months ended September 30, 2015, all common stock equivalents aggregating 387,635 and 418,489, respectively, were excluded from the calculation of dilutive loss per share given their anti-dilutive effect.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
 
Numerator for basic earnings per share:
 
 
 
 
 
 
 
 
Net loss
 
$
(1,419
)
 
$
(6,257
)
 
$
(791
)
 
$
(7,311
)
Denominator (shares in thousands):
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
Weighted average shares
 
24,600

 
24,577

 
24,589

 
24,499

Less: restricted stock issued
 

 
(67
)
 
(11
)
 
(105
)
Denominator for basic earnings per share:
 
24,600

 
24,510

 
24,578

 
24,394

Effect of dilutive shares:
 
 
 
 
 
 
 
 
Stock options
 

 

 

 

Restricted stock awards
 

 

 

 

Dilutive potential common shares
 

 

 

 

Denominator for diluted earnings per share:
 
 
 
 
 
 
 
 
Adjusted weighted average shares
 
24,600

 
24,510

 
24,578

 
24,394

Basic and Diluted loss per share attributable to Carmike stockholders
 
$
(0.06
)
 
$
(0.26
)
 
$
(0.03
)
 
$
(0.30
)