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Earnings (Loss) Per Common Share
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER COMMON SHARE
EARNINGS (LOSS) PER COMMON SHARE
Information with respect to basic and diluted net loss per common share is presented below in thousands, except per share:
 
 
Three Months Ended
March 31,
 
 
 
 
 
2014
 
2013
 
Numerator: Loss amounts attributable to Diversicare Healthcare Services, Inc. common shareholders:
 
 
 
 
Loss from continuing operations
$
(211
)
 
$
(990
)
 
Less: income attributable to noncontrolling interests
25

 
(18
)
 
Loss from continuing operations attributable to Diversicare Healthcare Services, Inc.
(186
)
 
(1,008
)
 
Preferred stock dividends
(86
)
 
(86
)
 
Loss from continuing operations attributable to Diversicare Healthcare Services, Inc. common shareholders
(272
)
 
(1,094
)
 
Income (loss) from discontinued operations, net of income taxes
(834
)
 
43

 
Net loss attributable to Diversicare Healthcare Services, Inc. common shareholders
$
(1,106
)
 
$
(1,051
)
 
 
 
Three Months Ended
March 31,
 
 
2014
 
2013
 
Net loss per common share:
 
 
 
 
Per common share – basic
 
 
 
 
Loss from continuing operations
$
(0.05
)
 
$
(0.19
)
 
Income from discontinued operations
 
 
 
 
Operating income (loss), net of taxes
(0.10
)
 
0.01

 
Gain on disposal, net of taxes

 

 
Discontinued operations, net of taxes
(0.10
)
 
0.01

 
Net loss per common share – basic
$
(0.19
)
 
$
(0.18
)
 
Per common share – diluted
 
 
 
 
Loss from continuing operations
$
(0.05
)
 
$
(0.19
)
 
Income from discontinued operations
 
 
 
 
Operating income, net of taxes
(0.10
)
 
0.01

 
Gain on disposal, net of taxes

 

 
Discontinued operations, net of taxes
(0.10
)
 
0.01

 
Net loss per common share - diluted
$
(0.19
)
 
$
(0.18
)
 
Denominator: Weighted Average Common Shares Outstanding:
 
 
 
 
Basic
5,975

 
5,848

 
Diluted
5,975

 
5,848

 

The effects of 288,000 and 415,000 SOSARs and options outstanding were excluded from the computation of diluted earnings per common share in 2014 and 2013, respectively, because these securities would have been anti-dilutive due to the net loss. The weighted average common shares for basic and diluted earnings for common shares were the same due to the year-to-date loss in 2014 and 2013.