|
The following tables compute basic and
diluted earnings per share (in thousands, except per share data):
| |
|
Three Months Ended June 30, 2012 |
|
| |
|
Loss
Numerator |
|
|
Shares Denominator |
|
|
Per-Share Amount |
|
| Net loss |
|
$ |
(2,629 |
) |
|
|
|
|
|
|
|
|
| Less: Preferred stock dividends |
|
|
(315 |
) |
|
|
|
|
|
|
|
|
| Basic and diluted loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss available to common stockholders |
|
$ |
(2,944 |
) |
|
|
86,386 |
|
|
$ |
(0.03 |
) |
| |
|
Three Months Ended June 30, 2011 |
|
| |
|
Income Numerator |
|
|
Shares Denominator |
|
|
Per-Share Amount |
|
| Net income |
|
$ |
750 |
|
|
|
|
|
|
|
|
|
| Less: Preferred stock dividends |
|
|
(315 |
) |
|
|
|
|
|
|
|
|
| Basic and diluted income per share: |
|
|
|
|
|
|
|
|
|
|
|
|
| Income available to common stockholders |
|
$ |
435 |
|
|
|
16,768 |
|
|
$ |
0.03 |
|
| |
|
Six Months Ended June 30, 2012 |
|
| |
|
Loss
Numerator |
|
|
Shares Denominator |
|
|
Per-Share Amount |
|
| Net loss |
|
$ |
(7,582 |
) |
|
|
|
|
|
|
|
|
| Less: Preferred stock dividends |
|
|
(630 |
) |
|
|
|
|
|
|
|
|
| Basic and diluted income per share: |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss available to common stockholders |
|
$ |
(8,212 |
) |
|
|
86,304 |
|
|
$ |
(0.10 |
) |
| |
|
Six Months Ended June 30, 2011 |
|
| |
|
Income Numerator |
|
|
Shares Denominator |
|
|
Per-Share Amount |
|
| Net income |
|
$ |
768 |
|
|
|
|
|
|
|
|
|
| Less: Preferred stock dividends |
|
|
(627 |
) |
|
|
|
|
|
|
|
|
| Basic and diluted loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
| Income available to common stockholders |
|
$ |
141 |
|
|
|
15,183 |
|
|
$ |
0.01 |
|
There were an aggregate of 1,568,000
and 3,111,000 potentially dilutive weighted-average shares from convertible securities outstanding for the three and six months
ended June 30, 2012, respectively. These convertible securities were not considered in calculating diluted net loss per share for
the three and six months ended June 30, 2012, as their effect would have been anti-dilutive.
|