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Earnings (Loss) Per Common Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER COMMON SHARE
EARNINGS (LOSS) PER COMMON SHARE
Information with respect to basic and diluted net income (loss) per common share is presented below in thousands, except per share:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
 
 
 
 
 
2015
 
2014
 
2015
 
2014
Numerator: Income amounts attributable to Diversicare Healthcare Services, Inc. common shareholders:
 
 
 
 
 
 
 
Income from continuing operations
$
807

 
$
973

 
812

 
540

Less: income attributable to noncontrolling interests

 

 

 
25

Income from continuing operations attributable to Diversicare Healthcare Services, Inc.
807

 
973

 
812

 
565

Preferred stock dividends

 
(86
)
 

 
(172
)
Income from continuing operations attributable to Diversicare Healthcare Services, Inc. common shareholders
807

 
887

 
812

 
393

Income (loss) from discontinued operations, net of income taxes
(299
)
 
128

 
(562
)
 
(484
)
Net income (loss) attributable to Diversicare Healthcare Services, Inc. common shareholders
$
508

 
$
1,015

 
$
250

 
$
(91
)
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
Net income (loss) per common share:
 
 
 
 
 
 
 
Per common share – basic
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.13

 
$
0.15

 
$
0.13

 
$
0.07

Income (loss) from discontinued operations
 
 
 
 
 
 
 
Operating income (loss), net of taxes
(0.05
)
 
0.02

 
(0.09
)
 
(0.08
)
Discontinued operations, net of taxes
(0.05
)
 
0.02

 
(0.09
)
 
(0.08
)
Net income (loss) per common share – basic
$
0.08

 
$
0.17

 
$
0.04

 
$
(0.01
)
Per common share – diluted
 
 
 
 
 
 
 
Income from continuing operations
$
0.13

 
$
0.14

 
$
0.13

 
$
0.07

Income (loss) from discontinued operations
 
 
 
 
 
 
 
Operating income (loss), net of taxes
(0.05
)
 
0.02

 
(0.09
)
 
(0.08
)
Discontinued operations, net of taxes
(0.05
)
 
0.02

 
(0.09
)
 
(0.08
)
Net income (loss) per common share - diluted
$
0.08

 
$
0.16

 
$
0.04

 
$
(0.01
)
Denominator: Weighted Average Common Shares Outstanding:
 
 
 
 
 
 
 
Basic
6,098

 
6,015

 
6,072

 
5,995

Diluted
6,327

 
6,181

 
6,302

 
5,995


The effects of 63,000 SOSARs and options outstanding were excluded from the computation of diluted earnings per common share in the six months ended June 30, 2014, 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.