Earnings Per Share
|9 Months Ended|
Sep. 30, 2016
|Earnings Per Share [Abstract]|
|Earnings Per Share||
NOTE 11. EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per share is computed by dividing earnings (loss) by the weighted average number of common shares outstanding during each period. Diluted earnings (loss) per share is computed by dividing earnings (loss) by the total of the weighted average number of shares of common stock outstanding during each period, plus the effect of dilutive outstanding stock options and unvested restricted stock grants. Potentially dilutive securities are excluded from the computation of diluted earnings per share if their effect is anti-dilutive to loss from continuing operations.
The following table is a reconciliation of basic and diluted shares of common stock outstanding used in the calculation of earnings per share:
For the three months ended September 30, 2016 and 2015, equity awards of 2,517 and 2,995, respectively, and for the nine months ended September 30, 2016 and 2015, equity awards of 2,491 and 3,241, respectively, were outstanding and anti-dilutive and therefore not included in the calculation of loss per share for these periods.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef