Even though they have an
antidilutive effect on income before extraordinary items, they have a dilutive effect on net income.
These shares are excluded due to their
antidilutive effect resulting from the net loss.
2) Diluted weighted average shares outstanding for the second quarter of 2008 include the dilutive effects of 2,273,000 stock options and 169,000 restricted stock units that are not reflected in the comparable number on an as reported (GAAP) basis due to their
antidilutive effect on the Company's net loss.
For the fourth quarter of 2008, the income (loss) from continuing operations per share excludes potential common shares (convertible preferred stock, stock options and restricted stock) due to their
antidilutive effect resulting from the GAAP net loss.
These shares were excluded due to their
antidilutive effect.
The computation of diluted income per common share for the years ended December 31, 2007 and 2006 excludes options to purchase 1,544,000 and 974,000 shares of the Company's common stock, respectively, due to their
antidilutive effect.
The computation of diluted earnings per share does not assume exercise or issuance of shares that would have an
antidilutive effect on earnings per share.
84) Weighted average shares outstanding 75,214,144 25,334,290 Diluted earnings (loss) per share: Net earnings (loss) before preferred stock dividends $2,523 $(13,899) Less:
Antidilutive effect of dividends and common stock equivalents -- 7,315 $2,523 $(21,214) Earnings (loss) per share- Earnings (loss) per share -- diluted $0.
4 (1) Impact of dilutive shares not included for the quarters ended June 30, 2006 and 2005, and the first half ended June 30, 2006, as they would have an
antidilutive effect.
13) Weighted average shares outstanding 72,923,667 20,020,183 Diluted loss per share: Net loss before preferred stock dividends $(761) $(340) Less:
Antidilutive effect of dividends and common stock equivalents -- 2,272 $(761) $(2,612) Loss per share- Diluted loss per share, as calculated $(0.
02 Weighted average shares outstanding 72,580,785 19,780,675 Diluted earnings (loss) per share: Net income (loss) before preferred stock dividends $ (549) $ 2,573 Less:
Antidilutive effect of dividends and common stock equivalents -- 2,276 $ (549) $ 297 Earnings per share- Diluted income (loss) per share, as calculated $ (0.
These shares were excluded from the GAAP calculation of earnings per share due to their
antidilutive effect resulting from the loss from continuing operations.
