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4. EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

Earnings per share is based upon the weighted average number of shares of common stock and common stock equivalents outstanding, net of common stock held in treasury, as follows (in thousands except share and per share data):

 

    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2014     2013     2014     2013  
                         
Net income (loss) attributable to RadNet, Inc.'s common stockholders   $ 5,144     $ 2,686     $ (7,280 )   $ 1,344  
                                 
BASIC NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC.'S COMMON STOCKHOLDERS                                
Weighted average number of common shares outstanding during the period     40,817,333       39,217,122       40,413,863       39,038,904  
Basic net income (loss) per share attributable to RadNet, Inc.'s common stockholders   $ 0.13     $ 0.07     $ (0.18 )   $ 0.03  
                                 
DILUTED NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC.'S COMMON STOCKHOLDERS                                
Weighted average number of common shares outstanding during the period     40,817,333       39,217,122       40,413,863       39,038,904  
Add nonvested restricted stock subject only to service vesting     1,019,930       302,799             302,438  
Add additional shares issuable upon exercise of stock options and warrants     1,425,732       309,742             511,956  
Weighted average number of common shares used in calculating diluted net income per share     43,262,995       39,829,663       40,413,863       39,853,298  
Diluted net income (loss) per share attributable to RadNet, Inc.'s common stockholders   $ 0.12     $ 0.07     $ (0.18 )   $ 0.03  

 

For the six months ended June 30, 2014 we excluded all outstanding options, warrants and restricted stock awards in the calculation of diluted earnings per share because their effect would be antidilutive.