The
following
table presents the calculation of basic and diluted net income
(loss) per common share:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Years Ended
December 31, |
|
| |
|
2013 |
|
|
2012 |
|
|
2011 |
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss from continuing
operations
|
|
$ |
(134,040 |
) |
|
$ |
(6,597 |
) |
|
$ |
(108 |
) |
|
Income (loss) from
discontinued operations
|
|
|
(98,251 |
) |
|
|
9,124 |
|
|
|
(22,898 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss)
attributable to common stockholders
|
|
$ |
(232,291 |
) |
|
$ |
2,527 |
|
|
$ |
(23,006 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average
shares—basic
|
|
|
24,492 |
|
|
|
14,994 |
|
|
|
11,457 |
|
|
Common stock
equivalents
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average
shares—diluted
|
|
|
24,492 |
|
|
|
14,994 |
|
|
|
11,457 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss per common share
from continuing operations—basic and diluted
|
|
$ |
(5.47 |
) |
|
$ |
(0.44 |
) |
|
$ |
(0.01 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) per common
share from discontinued operations—basic and
diluted
|
|
$ |
(4.01 |
) |
|
$ |
0.61 |
|
|
$ |
(2.00 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total income (loss) per
common share—basic and diluted
|
|
$ |
(9.48 |
) |
|
$ |
0.17 |
|
|
$ |
(2.01 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Antidilutive stock-based
awards and warrants excluded
|
|
|
272 |
|
|
|
1,166 |
|
|
|
3,596 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (a) |
All per-share amounts and
shares outstanding for all periods reflect the Company’s
one-for-ten reverse stock split, which was effective
December 3, 2013. |
| (b) |
For the years ended
December 31, 2013, 2012 and 2011 no common equivalent shares
were included in the computation of diluted EPS because the
inclusion of such shares would be antidilutive based on reported
losses. |
| (c) |
Antidilutive common stock
equivalents include contingently issuable shares and a call option
in connection with business acquisitions, litigation and
stock-based awards. The decrease in antidilutive shares in 2012 is
due primarily to the expiration of certain warrants in November
2011. |
|