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Earnings per Common Share
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings per Common Share
Earnings per Common Share

The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income attributable to common stockholders per common share from continued and discontinued operations.
 
Three Months Ended
June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
 
 
(Restated)
 
 
 
(Restated)
Numerator - Basic:
 
 
 
 
 
 
 
Net loss from continuing operations
$
(22,608
)
 
$
(14,293
)
 
$
(68,060
)
 
$
(45,443
)
Net loss attributable to redeemable noncontrolling interests
(2,815
)
 
(3,140
)
 
(5,704
)
 
(6,147
)
Net loss from continuing operations attributable to Synchronoss
(19,793
)
 
(11,153
)
 
(62,356
)
 
(39,296
)
 
 
 
 
 
 
 
 
(Loss) Income from discontinued operations, net of taxes
(6,775
)
 
18,985

 
(22,909
)
 
17,799

Net loss attributable to Synchronoss
$
(26,568
)
 
$
7,832

 
$
(85,265
)
 
$
(21,497
)
 
 
 
 
 
 
 
 
Numerator - Diluted:
 
 
 
 
 
 
 
Net loss from continuing operations attributable to Synchronoss
$
(19,793
)
 
$
(11,153
)
 
$
(62,356
)
 
$
(39,296
)
Income effect for interest on convertible debt, net of tax

 

 
 
 

Net loss from continuing operations adjusted for the convertible debt
(19,793
)
 
(11,153
)
 
(62,356
)
 
(39,296
)
 
 
 
 
 
 
 
 
(Loss) Income from discontinued operations, net of taxes
(6,775
)
 
18,985

 
(22,909
)
 
17,799

Net (loss) income attributable to Synchronoss
$
(26,568
)
 
$
7,832

 
$
(85,265
)
 
$
(21,497
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding — basic
44,618

 
43,450

 
44,416

 
43,430

Dilutive effect of:
 
 
 
 
 
 
 
Shares from assumed conversion of convertible debt

 

 

 

Options and unvested restricted shares

 

 

 

Weighted average common shares outstanding — diluted
44,618

 
43,450

 
44,416

 
43,430

 
 
 
 
 
 
 
 
Basic EPS
 
 
 
 
 
 
 
Continuing operations
$
(0.44
)
 
$
(0.26
)
 
$
(1.40
)
 
$
(0.90
)
Discontinued operations
(0.16
)
 
0.44

 
(0.52
)
 
0.41

 
$
(0.60
)
 
$
0.18

 
$
(1.92
)
 
$
(0.49
)
Diluted EPS
 
 
 
 
 
 
 
Continuing operations
$
(0.44
)
 
$
(0.26
)
 
$
(1.40
)
 
$
(0.90
)
Discontinued operations
(0.16
)
 
0.44

 
(0.52
)
 
0.41

 
$
(0.60
)
 
$
0.18

 
$
(1.92
)
 
$
(0.49
)
 
 
 
 
 
 
 
 
Anti-dilutive stock options excluded:
2,989

 
1,942

 
2,349

 
1,785

Non-vested shares of restricted stock awards and restricted stock units excluded
2,250

 
1,979

 
2,250

 
1,979



1 The calculation for each period does not include the effect of assumed conversion of convertible debt of 4,325,646 shares, which is based on 18.8072 shares per $1,000 principal amount of the 2019 Notes, because the effect would have been anti-dilutive.