NET INCOME (LOSS) PER COMMON SHARE (Block)

3 Months Ended

Mar. 31, 2018

Earnings Per Share Abstract

Earnings Per Share Text Block

7. NET INCOME (LOSS) PER COMMON SHARE

The following table presents the computations of basic and diluted net income (loss) per share:

				Three Months Ended
				March 31,
				2018			2017
				(amounts in thousands except per share data)
				(amounts in thousands except per share data)
Basic Income (Loss) Per Share
	Numerator
		Net income available to the Company - continuing operations		$	(14,206)		$	(9,331)
		Preferred stock dividends			-			550
		Net income available to common shareholders from
		continuing operations			(14,206)			(9,881)
		Income (loss) from discontinued operations, net of tax			328			-
		Net income (loss) available to common shareholders		$	(13,878)		$	(9,881)
	Denominator
		Basic weighted average shares outstanding			138,939			38,910
		Net Income (Loss) Per Common Share - Basic:
		Net income (loss) from continuing operations per share available to common shareholders - Basic		$	(0.10)		$	(0.25)
		Net income (loss) from discontinued operations per share available to common shareholders - Basic			-			-
		Net income (loss) per share available
		to common shareholders - Basic		$	(0.10)		$	(0.25)

Diluted Income (Loss) Per Share
	Numerator
		Net income (loss) available to the Company		$	(14,206)		$	(9,331)
		Preferred stock dividends			-			550
		Net income available to common shareholders from
		continuing operations			(14,206)			(9,881)
		Income (loss) from discontinued operations, net of tax			328			-
		Net income (loss) available to common shareholders		$	(13,878)		$	(9,881)
	Denominator
		Basic weighted average shares outstanding			138,939			38,910
		Effect of RSUs and options under the treasury stock
		method			-			-
		Diluted weighted average shares outstanding			138,939			38,910
		Net Income (Loss) Per Common Share - Diluted:
		Net income (loss) from continuing operations per share available to common shareholders - Diluted		$	(0.10)		$	(0.25)
		Net income (loss) from discontinued operations per share available to common shareholders - Diluted			-			-
		Net income (loss) per share available
		to common shareholders - Diluted		$	(0.10)		$	(0.25)

Disclosure of Anti-Dilutive Shares

The following table presents those shares excluded as they were anti-dilutive:

			Three Months Ended
			March 31,
Impact Of Equity Issuances			2018			2017
			(amounts in thousands, except per share data)
			(amounts in thousands, except per share data)
Shares excluded as anti-dilutive under the treasury stock method:
	Options			367			-
	Price range of options: from		$	9.66		$	-
	Price range of options: to		$	13.98		$	-
RSUs excluded with service and market conditions as
market conditions not met				226			267
Perpetual cumulative convertible preferred stock treated as
anti-dilutive under the as if method				-			1,953
Excluded shares as anti-dilutive when reporting a net loss				1,313			1,164