Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share (Tables)

v3.5.0.2
Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Income (Loss) Per Share  
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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

 

2016

 

2015

 

2016

 

2015

Income from continuing operations

 

$

24,566

 

$

16,624

 

$

51,299

 

$

19,454

Loss from discontinued operations, net

 

 

 —

 

 

 —

 

 

 —

 

 

(234)

Net income - basic and diluted

 

$

24,566

 

$

16,624

 

$

51,299

 

$

19,220

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - basic

 

 

37,599,137

 

 

37,681,765

 

 

37,683,764

 

 

37,672,570

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of common stock equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

RSAs with service-based conditions

 

 

234,699

 

 

201,619

 

 

174,928

 

 

67,963

RSAs with market-based conditions

 

 

37,031

 

 

 —

 

 

31,808

 

 

 —

RSAs with performance-based conditions

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Stock options

 

 

81,466

 

 

24,400

 

 

52,040

 

 

8,223

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - diluted

 

 

37,952,333

 

 

37,907,784

 

 

37,942,540

 

 

37,748,756

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.65

 

$

0.44

 

$

1.36

 

$

0.52

Loss from discontinued operations, net

 

 

 —

 

 

 —

 

 

 —

 

 

(0.01)

Net income

 

$

0.65

 

$

0.44

 

$

1.36

 

$

0.51

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted income (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.65

 

$

0.44

 

$

1.35

 

$

0.52

Loss from discontinued operations, net

 

 

 —

 

 

 —

 

 

 —

 

 

(0.01)

Net income

 

$

0.65

 

$

0.44

 

$

1.35

 

$

0.51

 

Summary of shares excluded from the calculation of diluted income (loss) per share because their effect would have been anti-dilutive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

 

2016

 

2015

 

2016

 

2015

Anti-dilutive common stock equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

RSAs with service-based conditions

 

 

11,812

 

 

29,475

 

 

41,261

 

 

9,933

RSAs with market-based conditions

 

 

 —

 

 

 —

 

 

8,431

 

 

 —

RSAs with performance-based conditions

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Stock options

 

 

418,517

 

 

246,126

 

 

449,332

 

 

82,944

Total anti-dilutive common stock equivalents:

 

 

430,329

 

 

275,601

 

 

499,024

 

 

92,877