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Loss per share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Loss per share

2. Loss per share

Basic loss per share is computed by dividing net loss attributable to common shareholders by the weighted average number of common shares outstanding during the periods. Diluted loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock and is calculated using the treasury stock method for stock options and unvested shares. Common equivalent shares are excluded from the calculation in the loss periods as their effects would be anti-dilutive.

The information related to basic and diluted loss per share for the three and six months ended June 30, 2016 and 2015 is as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In thousands)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(7,184

)

 

$

(3,981

)

 

$

(13,956

)

 

$

(5,544

)

Net loss from discontinued

  operations attributable to IDI

 

 

-

 

 

 

(41,489

)

 

 

-

 

 

 

(41,563

)

Net loss

 

$

(7,184

)

 

$

(45,470

)

 

$

(13,956

)

 

$

(47,107

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

- Basic and diluted

 

 

48,084,608

 

 

 

13,896,948

 

 

 

37,776,411

 

 

 

10,710,334

 

Loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.15

)

 

$

(0.29

)

 

$

(0.37

)

 

$

(0.52

)

Discontinued operations

 

 

-

 

 

 

(2.99

)

 

 

-

 

 

 

(3.88

)

 

 

$

(0.15

)

 

$

(3.27

)

 

$

(0.37

)

 

$

(4.40

)