XML 28 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share

During the three and six month periods ended June 30, 2016, we generated a net loss from continuing operations and as a result, all of our shares are anti-dilutive. During the three and six month periods ended June 30, 2015, we generated net income from continuing operations. Accordingly, some of our outstanding stock options, warrants and restricted stock awards have a dilutive impact for the 2015 periods, illustrated in the following table. We generated basic and diluted earnings per share from net income of $0.02 for the three month period ending June 30, 2015 and $0.04 for the six month period ending June 30, 2015.
 
 
For the Three Months Ended
 
For the Six Months Ended
 
 
June 30, 2016
 
June 30, 2015
 
June 30, 2016
 
June 30, 2015
Weighted average shares outstanding for basic EPS
 
24,567,752

 
24,268,364

 
24,474,474

 
24,178,037

Effect of dilutive securities
 
 
 
 
 
 
 
 
Options
 

 
12,083

 

 
6,886

RSUs
 

 
243,608

 

 
205,163

Warrants
 

 
165,055

 

 
42,751

Weighted average shares outstanding for diluted EPS
 
24,567,752

 
24,689,110

 
24,474,474

 
24,432,837




In 2015, we had potentially dilutive options and warrants. We had 349,463 outstanding stock options with a weighted average exercise price of $5.92 for the three months ended June 30, 2015 and 354,660 outstanding stock options with a weighted average price of $5.84 for the six months ended June 30, 2015. All restrictive stock units and warrants were dilutive for the three months ended June 30, 2015. For the six months ended June 30, 2015, we had 51,948 restrictive stock units outstanding with a weighted average exercise price of $2.31and 675,000 warrants outstanding with a weighted average exercise prices of $2.20.