XML 57 R16.htm IDEA: XBRL DOCUMENT v3.2.0.727
Earnings per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share

During the three and six months ended June 30, 2015, we generated net income from continuing operations. Accordingly, some of our outstanding stock options, warrants and restricted stock awards now have a dilutive impact, illustrated in the following table. We generated basic and diluted earnings per share from net income of $0.02 for the three month period ending June 30, 2015 and $0.04 for the six month period ending June 30, 2015.
 
 
For the Three Months Ended
 
For the Six Months Ended
 
 
June 30, 2015
 
June 30, 2014
 
June 30, 2015
 
June 30, 2014
Weighted average shares outstanding for basic EPS
 
24,268,364

 
23,445,771

 
24,178,037

 
23,480,956

Effect of dilutive securities
 
 
 
 
 
 
 
 
Options
 
12,083

 
4,139

 
6,886

 
6,089

Restricted stock units
 
243,608

 
605,203

 
205,163

 
442,882

Warrants
 
165,055

 
(4,874
)
 
42,751

 
6,314

Weighted average shares outstanding for diluted EPS
 
24,689,110

 
24,050,239

 
24,432,837

 
23,936,241




In addition, we have potentially dilutive options and warrants. We have 349,463 outstanding stock options with a weighted average exercise price of $5.92 for the three months ended June 30, 2015 and 354,660 outstanding stock options with a weighted average price of $5.84 for the six months ended June 30, 2015. All restrictive stock units and warrants were dilutive for the three months ended June 30, 2015. For the six months ended June 30, 2015, we had 51,948 restrictive stock units outstanding with a weighted average exercise price of $2.31 and 675,000 warrants outstanding with a weighted average exercise prices of $2.20.