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Weighted Average Common Shares (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Summary of Weighted Average Numbers of Common Shares Used to Compute Basic and Diluted Net Income (Loss) Per Share

The weighted average number of common shares used to compute basic and diluted net income (loss) per share for the years ended December 31, 2015, 2014 and 2013 were as follows:

 

For the Year Ended December 31,

 

 

2015

 

 

2014 (1)

 

 

2013 (1)

 

Basic common shares outstanding

 

67,860

 

 

 

67,173

 

 

 

66,738

 

Common stock equivalents

 

468

 

 

 

-

 

 

 

-

 

Diluted common shares outstanding

 

68,328

 

 

 

67,173

 

 

 

66,738

 

_________________

(1)Due to the fact that we reported a loss from continuing operations for the years ended December 31, 2014 and 2013, potential common stock equivalents were excluded from the diluted common shares outstanding calculation. Per FASB ASC Topic 260 – Earnings per Share, an entity that reports discontinued operations shall use income or loss from continuing operations as the benchmark for calculating diluted common shares outstanding, and as such, we have zero common stock equivalents since these shares would have an anti-dilutive effect on our net loss per share for the years ended December 31, 2014 and 2013.