2. Loss per share

Basic loss per share is computed by dividing net loss 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 nine months ended September 30, 2016 and 2015 is as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(In thousands)	2016			2015			2016			2015
Numerator:
Net loss from continuing operations	$	(9,744	)	$	(4,402	)	$	(23,700	)	$	(9,946	)
Net loss from discontinued operations attributable to cogint		-			(387	)		-			(41,950	)
Net loss	$	(9,744	)	$	(4,789	)	$	(23,700	)	$	(51,896	)
Denominator:
Weighted average shares outstanding - Basic and diluted		50,654,690			15,034,224			42,100,504			12,167,469
Loss per share:
Basic and diluted:
Continuing operations	$	(0.19	)	$	(0.29	)	$	(0.56	)	$	(0.82	)
Discontinued operations		-			(0.03	)		-			(3.45	)
	$	(0.19	)	$	(0.32	)	$	(0.56	)	$	(4.27	)