Earnings per Share

9 Months Ended

Sep. 30, 2015

During the three and nine month periods ended September 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 nine month periods ended September 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 $0.03 for the three month period ending September 30, 2015 and $0.07 for the nine month period ending September 30, 2015.



	For the Three Months Ended		For the Nine Months Ended
	September 30, 2016	September 30, 2015	September 30, 2016	September 30, 2015
Weighted average shares outstanding for basic EPS	24,694,566	24,271,895	24,571,271	24,209,667
Effect of dilutive securities
Options	—	13,971	—	9,353
RSUs	—	296,831	—	251,428
Warrants	—	205,772	—	78,624
Weighted average shares outstanding for diluted EPS	24,694,566	24,788,469	24,571,271	24,549,072

In 2015, we had potentially dilutive options and restricted stock units. We had 308,925 outstanding stock options with a weighted average exercise price of $4.56 for the three months ended September 30, 2015 and 313,543 outstanding stock options with a weighted average price of $4.50 for the nine months ended September 30, 2015. For the three months ended September 30, 2015, we had 806,363 outstanding restricted stock units with a weighted average price of $3.82. For the nine months ended September 30, 2015, we had 1,097,442 restrictive stock units outstanding with a weighted average exercise price of $3.20. All warrants were dilutive for the three and nine months ended September 30, 2015.