Earnings (Loss) Per Common Share

3 Months Ended

Mar. 31, 2012

Earnings (Loss) Per Common Share [Abstract]

EARNINGS (LOSS) PER COMMON SHARE

7. EARNINGS (LOSS) PER COMMON SHARE

Information with respect to basic and diluted net income (loss) per common share is presented below:

		0000000000			0000000000
	Three Months Ended March  31,
	2012			2011
Numerator: Income (loss) amounts attributable to Advocat Inc. shareholders:
Net income (loss) from continuing operations	$	(1,235	)	$	446
Less: comprehensive income attributable to noncontrolling interests		(78	)		—
Income (loss) from continuing operations attributable to Advocat Inc.		(1,313	)		446
Preferred stock dividends		(86	)		(86	)
Income (loss) from continuing operations attributable to Advocat Inc. shareholders		(1,399	)		360
Income (loss) from discontinued operations, net of income taxes		(141	)		(8	)
Net income (loss) attributable to Advocat Inc. shareholders	$	(1,540	)	$	352

		0000000000			0000000000
	Three Months Ended March  31,
	2012			2011
Net income (loss) per common share:
Per common share – basic
Income (loss) from continuing operations	$	(0.24	)	$	0.06
Income (loss) from discontinued operations
Operating income (loss), net of taxes		(0.03	)		—
Discontinued operations, net of taxes		(0.03	)		—
Net income (loss)	$	(0.27	)	$	0.06
Per common share – diluted
Income (loss) from continuing operations	$	(0.24	)	$	0.06
Income (loss) from discontinued operations
Operating income (loss), net of taxes		(0.03	)		—
Discontinued operations, net of taxes		(0.03	)		—
Net income (loss)	$	(0.27	)	$	0.06

The effects of 151,000 and 320,000 SOSARs and options outstanding were excluded from the computation of diluted earnings per common share in 2012 and 2011, respectively, because these securities would have been anti-dilutive. The weighted average common shares for basic and diluted earnings for common shares were the same due to the quarterly loss in 2012.