Annual report pursuant to Section 13 and 15(d)

Per Share Data

Per Share Data

12 Months Ended

Dec. 31, 2015

Basic net (loss) income per share is computed by dividing net (loss) income 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 restricted shares is included in diluted earnings per share in 2014 utilizing the treasury stock method. A reconsideration of basic and diluted common shares use in the computation of per share data is as follows:



	Year Ended December 31,
	2015	2014	2013
Basic weighted-average common shares outstanding - basic	183,660,993	182,768,494	182,295,476
Effect of dilutive securities:
Options to purchase common stock	—	15,411,800	—
Warrants to purchase common stock	—	8,331,539	—
Restricted shares	—	604	—
Dilutive potential common shares	—	23,743,943	—

Weighted average common shares outstanding and dilutive potential common shares	183,660,993	206,512,437	182,295,476

During 2015, 2014 and 2013, options, warrants and restricted stock to purchase 57,494,385, 3,215,621 and 55,398,631 common shares, respectively, were not included in the computation of diluted (loss) income per share as the effect would be anti-dilutive.