Earnings (Loss) Per Share
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share is computed using the weighted average number of common shares outstanding during the year. Diluted earnings (loss) per share is computed using the weighted average number of common shares outstanding and the effect of dilutive potential common shares outstanding during the year. Potential common shares consist of stock-based awards and, for 2013, Series A preferred stock.

Net income (loss) attributable to Erickson Incorporated common shareholders is the same for both the basic and diluted earnings (loss) per share computations. The reconciliations of the denominators of the basic and diluted earnings (loss) per share computations are as follows:
 
Years Ended December 31,
 
2015
 
2014
 
2013
Weighted average common shares outstanding—basic
13,833,552

 
13,800,494

 
11,221,005

Dilutive effect of stock-based awards
—

 
—

 
53,419

Dilutive effect of Series A preferred stock
—

 
—

 
560,082

Weighted average common shares outstanding—diluted
13,833,552

 
13,800,494

 
11,834,506



Due to the Company’s net loss position for the years ended December 31, 2015 and 2014, shares of 165,000 and 18,169, respectively, related to stock-based awards were excluded from the computation of diluted loss per common share as their effect would have been anti-dilutive. For the year ended December 31, 2013, the computation of diluted earnings per common share excluded 16,458 shares due to their anti-dilutive effect.