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Earnings Per Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

16.EARNINGS PER SHARE

Basic earnings per share was computed by dividing net income from continuing operations attributable to common shareholders by the weighted-average number of shares of Common Stock outstanding for each respective period. Diluted earnings per share was calculated by dividing net income from continuing operations attributable to common shareholders by the weighted-average number of shares of Common Stock outstanding and any dilutive Common Stock equivalents, including unvested restricted stock and shares issuable upon exercise of stock options as determined under the “If-Converted” method and also Common Stock warrants as determined under the “Treasury Stock” method.

The following table sets forth basic and diluted income from continuing operations per common share for the three and nine months ended September 30, 2014 and 2013 (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months

 

For the nine months

 

 

ended September 30,

 

ended September 30,

 

 

2014

 

2013

 

2014

 

2013

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$
(16,624)

 

$
21,531 

 

$
(24,685)

 

$
(36,747)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 
129,046 

 

 
127,885 

 

 
128,854 

 

 
127,555 

Dilutive impact of stock options and restricted shares

 

 

 —

 

 
1,195 

 

 

 —

 

 

 —

Dilutive impact of common stock warrants

 

 

 —

 

 
7,832 

 

 

 —

 

 

 —

Diluted weighted-average shares outstanding

 

 
129,046 

 

 
136,912 

 

 
128,854 

 

 
127,555 

Earnings (loss) per share attributable to continuing operations:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$
(0.13)

 

$
0.17 

 

$
(0.19)

 

$
(0.29)

Diluted

 

$
(0.13)

 

$
0.16 

 

$
(0.19)

 

$
(0.29)