NET INCOME PER COMMON SHARE |
NET INCOME PER COMMON SHARE
The following tables set forth the computation of basic and diluted net income (loss) per share for the three and nine months ended September 30, 2019 and 2018, respectively.
Net Income per Common Share - Continuing Operations
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Three Months Ended September 30, 2019 |
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Three Months Ended September 30, 2018 |
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Income (Loss) |
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Shares |
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Per Share
Amount
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Income (Loss) |
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Shares |
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Per Share
Amount
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(in thousands, except per share amounts) |
Basic: |
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Net income (loss) from continuing operations |
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$ |
1,583 |
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24,717 |
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$ |
0.06 |
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$ |
(716 |
) |
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24,483 |
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$ |
(0.03 |
) |
Unvested restricted stock units |
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336 |
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398 |
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Dilutive stock options outstanding |
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— |
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294 |
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Diluted: |
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Net income (loss) from continuing operations |
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$ |
1,583 |
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25,053 |
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$ |
0.06 |
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$ |
(716 |
) |
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25,175 |
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$ |
(0.03 |
) |
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Nine Months Ended September 30, 2019 |
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Nine Months Ended September 30, 2018 |
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Income |
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Shares |
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Per Share
Amount
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Income |
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Shares |
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Per Share
Amount
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(in thousands, except per share amounts) |
Basic: |
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Net income (loss) from continuing operations |
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$ |
5,856 |
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24,689 |
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$ |
0.24 |
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$ |
3,489 |
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24,397 |
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$ |
0.14 |
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Unvested restricted stock units |
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388 |
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|
383 |
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Dilutive stock options outstanding |
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— |
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358 |
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Diluted: |
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Net income (loss) from continuing operations |
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$ |
5,856 |
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25,077 |
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$ |
0.23 |
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$ |
3,489 |
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25,138 |
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$ |
0.14 |
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Net Income Common Share - Discontinued Operations
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Three Months Ended September 30, 2019 |
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Three Months Ended September 30, 2018 |
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Income (Loss) |
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Shares |
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Per Share
Amount
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Income (Loss) |
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Shares |
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Per Share
Amount
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(in thousands, except per share amounts) |
Basic: |
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Net income (loss) from discontinued operations, net of tax |
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$ |
(1,002 |
) |
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24,717 |
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$ |
(0.04 |
) |
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$ |
(893 |
) |
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24,483 |
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$ |
(0.04 |
) |
Unvested restricted stock units |
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|
336 |
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|
398 |
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Dilutive stock options outstanding |
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— |
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294 |
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Diluted: |
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Net income (loss) from discontinued operations, net of tax |
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$ |
(1,002 |
) |
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25,053 |
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$ |
(0.04 |
) |
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$ |
(893 |
) |
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25,175 |
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$ |
(0.04 |
) |
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Nine Months Ended September 30, 2019 |
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Nine Months Ended September 30, 2018 |
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Income (Loss) |
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Shares |
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Per Share
Amount
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Income (Loss) |
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Shares |
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Per Share
Amount
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(in thousands, except per share amounts) |
Basic: |
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Net income (loss) from discontinued operations, net of tax |
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$ |
(1,120 |
) |
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24,689 |
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$ |
(0.05 |
) |
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$ |
(531 |
) |
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24,397 |
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$ |
(0.02 |
) |
Unvested restricted stock units |
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|
388 |
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|
383 |
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Dilutive stock options outstanding |
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— |
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|
358 |
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Diluted: |
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Net income (loss) from discontinued operations, net of tax |
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$ |
(1,120 |
) |
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25,077 |
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$ |
(0.04 |
) |
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$ |
(531 |
) |
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25,138 |
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$ |
(0.02 |
) |
Net Income per Common Share
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Three Months Ended September 30, 2019 |
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Three Months Ended September 30, 2018 |
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Income (Loss) |
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Shares |
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Per Share
Amount
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Income (Loss) |
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Shares |
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Per Share
Amount
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(in thousands, except per share amounts) |
Basic: |
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Net income (loss) |
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$ |
581 |
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24,717 |
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$ |
0.02 |
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$ |
(1,609 |
) |
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24,483 |
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$ |
(0.07 |
) |
Unvested restricted stock units |
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|
336 |
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|
398 |
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Dilutive stock options outstanding |
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— |
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|
294 |
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Diluted: |
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Net income (loss) |
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$ |
581 |
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25,053 |
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$ |
0.02 |
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$ |
(1,609 |
) |
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25,175 |
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$ |
(0.07 |
) |
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Nine Months Ended September 30, 2019 |
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Nine Months Ended September 30, 2018 |
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Income |
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Shares |
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Per Share
Amount
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Income |
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Shares |
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|
Per Share
Amount
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|
|
(in thousands, except per share amounts) |
Basic: |
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Net income (loss) |
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$ |
4,736 |
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24,689 |
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|
$ |
0.19 |
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$ |
2,958 |
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24,397 |
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|
$ |
0.12 |
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Unvested restricted stock units |
|
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|
388 |
|
|
|
|
|
|
383 |
|
|
|
Dilutive stock options outstanding |
|
|
|
— |
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|
|
|
|
|
358 |
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Diluted: |
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Net income (loss) |
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$ |
4,736 |
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25,077 |
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$ |
0.19 |
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$ |
2,958 |
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25,138 |
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$ |
0.12 |
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At September 30, 2019 and 2018, 487,000 and 873,708 shares of common stock, respectively, were issuable upon the exercise of options and warrants.
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