| Computations of basic and diluted per share |
Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding. The dilutive effect of common shares potentially issuable under outstanding options and warrants is included in diluted earnings per share. The computations of basic and diluted per share data were as follows:
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Three months ended September 30, |
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Nine months ended September 30, |
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2013 |
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2012 |
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2013 |
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2012 |
Net income (loss) |
$ |
2,379 |
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|
$ |
(6,037 |
) |
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$ |
(3,034 |
) |
|
(13,999 |
) |
Loss attributable to noncontrolling interest |
(23 |
) |
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— |
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|
(49 |
) |
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— |
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Net income (loss) attributable to the Company |
2,402 |
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(6,037 |
) |
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(2,985 |
) |
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(13,999 |
) |
Dividends declared on preferred stock |
(2,879 |
) |
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— |
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(3,907 |
) |
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— |
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Net loss available to common shareholders |
$ |
(477 |
) |
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$ |
(6,037 |
) |
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$ |
(6,892 |
) |
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(13,999 |
) |
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Basic weighted-average shares |
181,759,305 |
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183,460,777 |
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182,895,952 |
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183,610,148 |
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Effect of dilutive securities: |
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Common stock options |
— |
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— |
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— |
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— |
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Warrants to purchase common stock |
— |
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— |
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— |
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— |
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Dilutive potential common shares |
— |
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— |
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— |
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— |
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Weighted average common shares outstanding and dilutive potential common shares |
181,759,305 |
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183,460,777 |
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182,895,952 |
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183,610,148 |
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Net loss per share available to common shareholders: |
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Basic and diluted |
$ |
(0.00 |
) |
|
$ |
(0.03 |
) |
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$ |
(0.04 |
) |
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$ |
(0.08 |
) |
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