Basic and Diluted Net Income (Loss) Per Common Share |
Basic and Diluted Net Income (Loss) Per Common Share The following table presents basic earnings per share ("EPS") and diluted EPS (amounts in thousands, except per share data): | | | | | | | | | | | | | | | | | | Quarters Ended December 31, | | Nine Month Periods Ended December 31, | | 2015 | | 2014 | | 2015 | | 2014 | Numerator: | |
| | |
| | | | | Income (loss) from continuing operations | $ | (8,600 | ) | | $ | 3,078 |
| | $ | (38,456 | ) | | $ | 325 |
| Income (loss) from discontinued operations, net of income tax expense (benefit) of $0, $41, $0 and $1,976 respectively | — |
| | (164 | ) | | — |
| | 5,379 |
| Net income (loss) | $ | (8,600 | ) | | $ | 2,914 |
| | $ | (38,456 | ) | | $ | 5,704 |
| Denominator: | |
| | |
| | | | | Weighted-average shares outstanding: | |
| | |
| | | | | Basic | 46,081 |
| | 45,407 |
| | 45,953 |
| | 45,360 |
| Assumed conversion of employee stock grants | — |
| | 493 |
| | — |
| | 550 |
| Assumed conversion of warrants | — |
| | 6,328 |
| | — |
| | 6,639 |
| Diluted | 46,081 |
| | 52,228 |
| | 45,953 |
| | 52,549 |
| Net income (loss) per basic share: | | | | | | | | Income (loss) from continuing operations | $ | (0.19 | ) | | $ | 0.07 |
| | $ | (0.84 | ) | | $ | 0.01 |
| Income (loss) from discontinued operations | $ | — |
| | $ | — |
| | $ | — |
| | $ | 0.12 |
| Net income (loss) | $ | (0.19 | ) | | $ | 0.07 |
| | $ | (0.84 | ) | | $ | 0.13 |
| | | | | | | | | Net income (loss) per diluted share: | | | | | | | | Income (loss) from continuing operations | $ | (0.19 | ) | | $ | 0.06 |
| | $ | (0.84 | ) | | $ | 0.01 |
| Income (loss) from discontinued operations | $ | — |
| | $ | — |
| | $ | — |
| | $ | 0.10 |
| Net income (loss) | $ | (0.19 | ) | | $ | 0.06 |
| | $ | (0.84 | ) | | $ | 0.11 |
|
Common stock equivalents that could potentially dilute net income (loss) per basic share in the future, but were not included in the computation of diluted earnings per share because the impact would have been anti-dilutive, are as follows (amounts in thousands): | | | | | | | | | | | | | | Quarters Ended December 31, | | Nine Month Periods Ended December 31, | | 2015 | | 2014 | | 2015 | | 2014 | Assumed conversion of employee stock grants | 3,257 |
| | 1,433 |
| | 3,247 |
| | 1,012 |
| Assumed conversion of warrants | 5,168 |
| | — |
| | 5,261 |
| | — |
|
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