XML 51 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings per Share
10. Earnings per Share

Earnings per basic and diluted weighted average common share outstanding for continuing and discontinued operations were calculated as follows for the three months ended March 31, 2014 and 2013 (in thousands, except per share data):

 

     Three Months Ended March 31,  
     2014     2013  

Net income (loss) from continuing operations

    $ (1,211 )    $ 10,976   

Net loss from discontinued operations

      (8,679 )      (1,470 ) 
  

 

 

    

 

 

  

Net income (loss)

    $ (9,890 )    $ 9,506   
  

 

 

    

 

 

  

Basic weighted-average common shares outstanding

      9,508        9,437   

Effect of potentially dilutive common shares(1)

      —          47   
  

 

 

    

 

 

  

Diluted weighted-average common shares outstanding

      9,508        9,484   
  

 

 

    

 

 

  

Earnings (loss) per basic common share

     

Continuing operations

      (0.13 )      1.16   

Discontinued operations

      (0.91 )      (0.15 ) 
  

 

 

    

 

 

  

Total

    $ (1.04 )    $ 1.01   
  

 

 

    

 

 

  

Earnings (loss) per diluted common share

     

Continuing operations

      (0.13 )      1.16   

Discontinued operations

      (0.91 )      (0.16 ) 
  

 

 

    

 

 

  

Total

    $ (1.04 )    $ 1.00   
  

 

 

    

 

 

  

Antidilutive shares not included in diluted common share calculation

      —          10   

 

(1) Represents the effect of the assumed exercise of stock options and the vesting of restricted stock units and performance stock awards, based on the treasury stock method.