Net Income (Loss) Per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

The following table summarizes the computation of basic and diluted net income (loss) per common share.


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator:
Income (loss) from continuing operations	$	1,640	$	(4,836)	$	(124,003)	$	(20,806)
Less: Preferred Stock cumulative dividends and deemed dividends	(3,139)		—		(9,133)		—
Numerator for basic and diluted income (loss) from continuing operations per common share (1)	(1,499)		(4,836)		(133,136)		(20,806)
Income (loss) from discontinued operations, net of tax (Note 2)	20,330		(1,019)		(123,966)		(11,850)






Numerator for basic and diluted undistributed net loss per common share (1)	$	18,831	$	(5,855)	$	(257,102)	$	(32,656)

Denominator:
Weighted average common shares outstanding, basic and diluted	42,202		42,038		42,170		42,013


Per common share net loss:
Basic income (loss) from continuing operations per common share	$	(0.04)	$	(0.12)	$	(3.16)	$	(0.50)
Basic income (loss) from discontinued operations per common share	0.49		(0.02)		(2.94)		(0.28)
Basic net income (loss) per common share	$	0.45	$	(0.14)	$	(6.10)	$	(0.78)
Diluted income (loss) from continuing operations per common share	$	(0.04)	$	(0.12)	$	(3.16)	$	(0.50)
Diluted income (loss) from discontinued operations per common share	0.49		(0.02)		(2.94)		(0.28)
Diluted net income (loss) per common share	$	0.45	$	(0.14)	$	(6.10)	$	(0.78)
Cash dividends declared per common share	$	—	$	0.07	$	—	$	0.21

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(1) Preferred Stock does not participate in losses.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table presents potentially dilutive securities that were excluded from the calculation of diluted net income (loss) per common share because they had an anti-dilutive effect.


	Three Months Ended September 30,		Nine Months Ended September 30,
	2020	2019	2020	2019

Options	875	837	875	627
Warrants	1,500	—	1,500	—
Preferred Stock, as-converted	23,573	—	23,573	—
	25,948	837	25,948	627