Annual report pursuant to Section 13 and 15(d)

Per Share Data

v3.19.1
Per Share Data
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Per Share Data
Per Share Data

Basic net income (loss) per common share is computed by dividing net income (loss) attributable to the Company, decreased with respect to net income or increased with respect to net loss by dividends declared on preferred stock by using the weighted-average number of common shares outstanding. The dilutive effect of incremental common shares potentially issuable under outstanding options, warrants and unvested restricted stock is included in diluted earnings per share utilizing the treasury stock method. A reconciliation of basic and diluted common shares use in the computation of per share data is as follows:

 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
Basic weighted-average common shares outstanding - basic
 
194,562,916

 
193,064,550

 
182,987,850

Effect of dilutive securities:
 
 
 
 
 
 
Options to purchase common stock
 

 

 

Restricted shares
 

 

 

Dilutive potential common shares
 

 

 

 
 
 
 
 
 
 
Weighted average common shares outstanding and dilutive potential common shares
 
194,562,916

 
193,064,550

 
182,987,850

 
 
 
 
 
 
 


During 2018, 2017 and 2016, options, warrants and restricted stock to purchase 25,107,164, 32,501,007 and 41,191,772 common shares, respectively, were not included in the computation of diluted income (loss) per share as the effect would be anti-dilutive.