Schedule of basic and diluted income (loss) per share |
Basic and diluted income (loss) per share were computed as follows, in thousands, except share and per share amounts:
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Three Months Ended September 30,
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Nine Months Ended September 30,
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2016
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2015
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2016
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2015
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Income from continuing operations
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$
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24,566
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$
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16,624
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$
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51,299
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$
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19,454
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Loss from discontinued operations, net
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—
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—
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—
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(234)
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Net income - basic and diluted
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$
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24,566
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$
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16,624
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$
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51,299
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$
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19,220
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Weighted average number of common shares outstanding - basic
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37,599,137
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37,681,765
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37,683,764
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37,672,570
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Dilutive effect of common stock equivalents:
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RSAs with service-based conditions
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234,699
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201,619
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174,928
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67,963
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RSAs with market-based conditions
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37,031
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—
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31,808
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—
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RSAs with performance-based conditions
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—
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—
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—
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—
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Stock options
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81,466
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24,400
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52,040
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8,223
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Weighted average number of common shares outstanding - diluted
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37,952,333
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37,907,784
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37,942,540
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37,748,756
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Basic income (loss) per common share:
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Income from continuing operations
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$
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0.65
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$
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0.44
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$
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1.36
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$
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0.52
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Loss from discontinued operations, net
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—
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—
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—
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(0.01)
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Net income
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$
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0.65
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$
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0.44
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$
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1.36
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$
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0.51
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Diluted income (loss) per common share:
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Income from continuing operations
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$
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0.65
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$
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0.44
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$
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1.35
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$
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0.52
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Loss from discontinued operations, net
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—
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—
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—
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(0.01)
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Net income
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$
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0.65
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$
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0.44
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$
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1.35
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$
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0.51
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Summary of shares excluded from the calculation of diluted income (loss) per share because their effect would have been anti-dilutive |
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Three Months Ended September 30,
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Nine Months Ended September 30,
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2016
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2015
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2016
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2015
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Anti-dilutive common stock equivalents:
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RSAs with service-based conditions
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11,812
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29,475
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41,261
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9,933
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RSAs with market-based conditions
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—
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—
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8,431
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—
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RSAs with performance-based conditions
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—
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—
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—
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—
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Stock options
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418,517
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246,126
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449,332
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82,944
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Total anti-dilutive common stock equivalents:
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430,329
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275,601
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499,024
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92,877
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