| Earnings Per Share Text Block |
7. NET INCOME (LOSS) PER COMMON SHARE The following tables present the computations of basic and diluted net income (loss) per share from continuing operations and discontinued operations: | | | | Three Months Ended | | Nine Months Ended | | | | | September 30, | | September 30, | | | | | 2018 | | 2017 | | 2018 | | 2017 | | | | (amounts in thousands except per share data) | | | | | | | | | | | | | | | | | Basic Income (Loss) Per Share | | | | | | | | | | | | | | Numerator | | | | | | | | | | | | | | | Net income available to the Company - continuing operations | | $ | 36,590 | | $ | 4,100 | | $ | 23,981 | | $ | 1,184 | | | Preferred stock dividends | | | - | | | 663 | | | - | | | 1,763 | | | Net income available to common shareholders from | | | | | | | | | | | | | | | continuing operations | | | 36,590 | | | 3,437 | | | 23,981 | | | (579) | | | Income (loss) from discontinued operations, net of tax | | | 358 | | | - | | | 1,530 | | | - | | | Net income (loss) available to common shareholders | | $ | 36,948 | | $ | 3,437 | | $ | 25,511 | | $ | (579) | | Denominator | | | | | | | | | | | | | | | Basic weighted average shares outstanding | | | 138,740 | | | 38,955 | | | 138,901 | | | 38,948 | | | Net Income (Loss) Per Common Share - Basic: | | | | | | | | | | | | | | | Net income (loss) from continuing operations per share available to common shareholders - Basic | | $ | 0.26 | | $ | 0.09 | | $ | 0.17 | | $ | (0.01) | | | Net income (loss) from discontinued operations per share available to common shareholders - Basic | | $ | - | | $ | - | | $ | 0.01 | | $ | - | | | Net income (loss) per share available | | | | | | | | | | | | | | | to common shareholders - Basic | | $ | 0.27 | | $ | 0.09 | | $ | 0.18 | | $ | (0.01) | | | | | | | | | | | | | | | | | Diluted Income (Loss) Per Share | | | | | | | | | | | | | | Numerator | | | | | | | | | | | | | | | Net income available to the Company - continuing operations | | $ | 36,590 | | $ | 4,100 | | $ | 23,981 | | $ | 1,184 | | | Preferred stock dividends | | | - | | | 663 | | | - | | | 1,763 | | | Net income available to common shareholders from | | | | | | | | | | | | | | | continuing operations | | | 36,590 | | | 3,437 | | | 23,981 | | | (579) | | | Income (loss) from discontinued operations, net of tax | | | 358 | | | - | | | 1,530 | | | - | | | Net income (loss) available to common shareholders | | $ | 36,948 | | $ | 3,437 | | $ | 25,511 | | $ | (579) | | Denominator | | | | | | | | | | | | | | | Basic weighted average shares outstanding | | | 138,740 | | | 38,955 | | | 138,901 | | | 38,948 | | | Effect of RSUs and options under the treasury stock | | | | | | | | | | | | | | | method | | | 362 | | | 773 | | | 784 | | | - | | | Preferred stock under the as if converted method | | | - | | | - | | | - | | | - | | | Diluted weighted average shares outstanding | | | 139,102 | | | 39,728 | | | 139,685 | | | 38,948 | | | Net Income (Loss) Per Common Share - Diluted: | | | | | | | | | | | | | | | Net income (loss) from continuing operations per share available to common shareholders - Diluted | | $ | 0.26 | | $ | 0.09 | | $ | 0.17 | | $ | (0.01) | | | Net income (loss) from discontinued operations per share available to common shareholders - Diluted | | $ | - | | $ | - | | $ | 0.01 | | $ | - | | | Net income (loss) per share available | | | | | | | | | | | | | | | to common shareholders - Diluted | | $ | 0.27 | | $ | 0.09 | | $ | 0.18 | | $ | (0.01) |
Disclosure of Anti-Dilutive Shares The following table presents those shares excluded as they were anti-dilutive: | | Three Months Ended | | Nine Months Ended | | | September 30, | | September 30, | | Impact Of Equity Issuances | 2018 | | 2017 | | 2018 | | 2017 | | | (amounts in thousands, except per share data) | | | | | | | | | | | | | | | Shares excluded as anti-dilutive under the treasury stock method: | | | | | | | | | | | | | Options | | 563 | | | 14 | | | 565 | | | - | | Price range of options: from | $ | 9.66 | | $ | 11.69 | | $ | 9.66 | | $ | - | | Price range of options: to | $ | 13.98 | | $ | 11.78 | | $ | 13.98 | | $ | - | | RSUs with service conditions | | 1,586 | | | 157 | | | 1,415 | | | 101 | | RSUs excluded with service and market conditions as | | | | | | | | | | | | | market conditions not met | | 226 | | | 267 | | | 226 | | | 267 | | Perpetual cumulative convertible preferred stock treated as | | | | | | | | | | | | | anti-dilutive under the as if method | | - | | | 2,017 | | | - | | | 2,017 | | Excluded shares as anti-dilutive when reporting a net loss | | - | | | - | | | - | | | 974 |
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