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Loss per share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Loss per share

3. Loss per share

Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the years ended December 31, 2015 and 2014. The information related to basic and diluted loss per share is as follows:

 

(In thousands)    Year Ended December 31,  
   2015      2014 (1)  

Numerator:

     

Net loss from continuing operations

   $ (42,585    $ (610

Net loss from discontinued operations attributable to IDI

     (41,950      —     
  

 

 

    

 

 

 

Net loss

   $ (84,535    $ (610

Denominator:

     

Weighted average shares outstanding - Basic and diluted

     13,036,082         4,501,041   

Loss per share: (2)

     

Basic and diluted:

     

Continuing operations

   $ (3.27    $ (0.14

Discontinued operations

     (3.22      —     
  

 

 

    

 

 

 
   $ (6.48    $ (0.14
  

 

 

    

 

 

 

 

(1)  As IDI Holdings, the accounting acquirer of the merger consummated effective as of March 21, 2015, was incorporated on September 22, 2014, the comparative financial figures for the year ended December 31, 2014 were from September 22, 2014, the date of inception, through December 31, 2014.
(2) Earnings per share tables may contain summation differences due to rounding.