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Earnings (Loss) Per Share
 12 Months Ended
Dec. 31, 2014
Earnings (Loss) Per Share [Abstract]  
Earnings (Loss) Per Share

Note 4 – Earnings (Loss) Per Share

For the three years ended December 31, 2014, we calculated the following earnings (loss) per share (dollars in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

Income (loss) from continuing operations

$
25,701 

$
9,041 

$
(509)

Income (loss) from discontinued operations

 

--

 

--

 
(405)

Net income (loss) attributable to Reading International, Inc. common shareholders

 
25,701 

 
9,041 

 
(914)

Basic income (loss) per common share attributable to Reading International, Inc. shareholders:

 

 

 

 

 

 

Earnings (loss) from continuing operations

$
1.10 

$
0.39 

$
(0.02)

Earnings (loss) from discontinued operations, net

 

--

 

--

 
(0.02)

Basic income (loss) per share attributable to Reading International, Inc. shareholders

$
1.10 

$
0.39 

$
(0.04)

Diluted income (loss) per common share attributable to Reading International, Inc. shareholders:

 

 

 

 

 

 

Earnings (loss) from continuing operations

$
1.08 

$
0.38 

$
(0.02)

Earnings (loss) from discontinued operations, net

 

--

 

--

 
(0.02)

Diluted income (loss) per share attributable to Reading International, Inc. shareholders

$
1.08 

$
0.38 

$
(0.04)

Weighted average shares of common stock – basic

 
23,431,855 

 
23,348,003 

 
23,028,596 

Weighted average shares of common stock – diluted

 
23,749,221 

 
23,520,271 

 
23,028,596 

 

For the years ended December 31, 2014 and 2013 the weighted average common stock – dilutive included 317,366 and 172,268, respectively, of incremental shares of exercisable in-the-money stock options and unissued restricted Class A Stock. For the year ended December 31, 2012, we recorded a loss from continuing operations.  As such, the 284,054 of incremental shares of exercisable in-the-money stock options and unissued restricted Class A Stock were excluded from the computation of diluted loss per share because they were anti-dilutive in that period.   In addition, 596,627,  847,891, and 791,286 of out-of-the-money stock options were excluded from the computation of diluted earnings (loss) per share for the years ended December 31, 2014,  2013, and 2012, respectively.  The total number of in-the-money stock options, out-of-the-money stock options, and unissued restricted Class A Stock that could potentially dilute basic earnings per share was 1,953,350,  1,020,159, and 1,075,340 for the years ended December 31, 2014,  2013, and 2012, respectively.