XML 47 R30.htm IDEA: XBRL DOCUMENT v3.19.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
The following table provides the computation of basic and diluted earnings per share.
 
Year Ended December 31,
(in thousands, except per share data)
2018
 
2017
 
2016
Numerators:
 
 
 
 
 
Net (loss) from continuing operations
$
(9,494
)
 
$
(13,682
)
 
$
(11,550
)
Effective of dilutive securities - Derivative liability - warrants

 

 
(64
)
Numerator for dilutive (loss) per share - continuing operations
(9,494
)
 
(13,682
)
 
(11,614
)
 
 
 
 
 
 
Net income from discontinued operations, net of tax
73,503

 
8,620

 
7,600

Effect of dilutive securities - Derivative liability warrants

 

 
(64
)
Numerator for dilutive income per share - discontinued operations
73,503

 
8,620

 
7,536

 
 
 
 
 
 
Net income (loss) from all operations
64,009

 
(5,062
)
 
(3,950
)
Derivative liability warrants

 
(183
)
 
(64
)
Numerator for full dilutive (loss) income per share - all
64,009

 
(5,245
)
 
(4,014
)
 
 
 
 
 
 
Denominator - continuing operations:
 
 
 
 
 
Weighted average shares used to compute basic (loss)
33,185

 
31,420

 
27,433

Effect of dilutive securities:
 
 
 
 
 
Derivative liability warrants

 

 
16

Denominator for dilutive income (loss) per common share - continuing operations
33,185

 
31,420

 
27,449

 
 
 
 
 
 
Denominator - discontinued operations:
 
 
 
 
 
Weighted average shares used to compute basic (loss)
33,185

 
31,420

 
27,433

Effect of dilutive securities:
 
 
 
 
 
Derivative liability warrants

 


16

Stock options
1,181

 

 

Denominator for dilutive income (loss) per common share - discontinued operations
34,366

 
31,420

 
27,449

 
 
 
 
 
 
Denominator - all operations:
 
 
 
 
 
Weighted average shares used to compute basic income (loss)
33,185

 
31,420

 
27,433

Effect of dilutive securities:
 
 
 
 
 
Derivative liability warrants

 
7

 
16

Stock options
1,181

 

 

Denominator for dilutive income (loss) per common share
34,366

 
31,427

 
27,449

 
 
 
 
 
 
Loss per share from continuing operations
 
 
 
 
 
Basic and diluted
$
(0.29
)
 
$
(0.44
)
 
$
(0.42
)
 
 
 
 
 
 
Income per share from discontinued operations
 
 
 
 
 
Basic
$
2.21

 
$
0.27

 
$
0.28

Diluted
$
2.14

 
$
0.27

 
$
0.28

Income (loss) per share from all operations
 
 
 
 
 
Basic
$
1.93

 
$
(0.16
)
 
$
(0.14
)
Diluted
$
1.86

 
$
(0.17
)
 
$
(0.15
)
 
 
 
 
 
 
Anti-dilutive instruments excluded from diluted (loss) per common share - continuing operations:
 
 
 
 
 
Warrants

 
7

 

Preferred stock

 

 
1,951

Options
1,181

 
646

 
580

 
 
 
 
 
 
Anti-dilutive instruments excluded from diluted income per common share - discontinued operations:
 
 
 
 
 
Warrants

 
7

 

Preferred stock

 

 
1,951

Options

 
646

 
580

 
 
 
 
 
 
Anti-dilutive instruments excluded from diluted income (loss) per common share - all operations:
 
 
 
 
 
Preferred stock

 

 
1,951

Options

 
646

 
580