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Net Income (Loss) Per Share
 12 Months Ended
Dec. 31, 2015
Net Income (Loss) Per Share [Abstract]  
Net Income (Loss) Per Share
14. Net (Loss) Income Per Share

Our basic net (loss) income per share amounts have been computed by dividing net (loss) income attributable to Progenics by the weighted-average number of common shares outstanding during the period. For 2015 and 2013, we reported net losses and, therefore, potential common shares were not included since such inclusion would have been anti-dilutive. As a result, basic and diluted EPS are the same for the 2015 and 2013 periods. For 2014, we reported net income, and the computation of diluted earnings per share is based upon the weighted-average number of our common shares and dilutive effect, determined using the treasury stock method. In applying the treasury stock method for the calculation of diluted EPS, amounts of unrecognized compensation expense and windfall tax benefits are required to be included in the assumed proceeds in the denominator of the diluted EPS calculation unless they are anti-dilutive. In periods where shares to be issued upon the assumed conversion of the contingent consideration liability have an anti-dilutive effect on the calculation of diluted earnings per share, these shares are excluded from the calculation. We have made an accounting policy decision to calculate windfall tax benefits/shortfalls, for purposes of diluted EPS calculation, excluding the impact of deferred tax assets. This policy decision will apply when we have net income and windfall tax benefits/shortfalls are realizable.

The calculations of net (loss) income per share, basic and diluted, are as follows:

  
Net (Loss) Income Attributable to Progenics
(Numerator)
  
Weighted Average
Common Shares
(Denominator)
  
Per Share
Amount
 
2015:
      
Basic and diluted
 
$
(39,112
)
  
69,716
  
$
(0.56
)
2014:
            
Basic
 
$
4,410
   
68,185
  
$
0.06
 
  Dilutive effect of contingent consideration liability
  
-
   
-
     
  Dilutive effect of stock options
  
-
   
58
     
Diluted
 
$
4,410
   
68,243
  
$
0.06
 
2013:
            
Basic and diluted
 
$
(42,572
)
  
55,798
  
$
(0.76
)
 
During 2015, 2014 and 2013, anti-dilutive common shares excluded from diluted per share amounts consist of the following:

  
2015
  
2014
  
2013
  
Weighted
Average
Number
  
Weighted
Average
Exercise Price
  
Weighted
Average
Number
  
Weighted
Average
Exercise Price
  
Weighted
Average
Number
  
Weighted
Average
Exercise Price
Options
  
6,381
  
$
9.70
   
5,036
  
$
10.56
   
5,969
  
$
11.54
Contingent consideration liability
  
2,827
       
3,457
       
3,544
    
Total
  
9,208
       
8,493
       
9,513