Quarterly report pursuant to Section 13 or 15(d)

Earnings per share (EPS)

v2.4.1.9
Earnings per share (EPS)
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings per share (EPS)
Earnings per share (EPS)  
 
Three Months Ended March 31, 2015
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per-Share
Amount
Basic EPS
$
3,222,000

 
121,887,072

 
$
0.03

Effect of dilutive securities:
 
 
 
 
 
Restricted stock units
—

 
1,821,551

 
—

Diluted EPS
$
3,222,000

 
123,708,623

 
$
0.03

 
 
 
 
 
 
 
Three Months Ended March 31, 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per-Share
Amount
Basic EPS
$
(12,549,000
)
 
120,368,650

 
$
(0.10
)
Effect of dilutive securities:
 
 
 
 
 
Restricted stock units
—

 
—

 
—

Diluted EPS
$
(12,549,000
)
 
120,368,650

 
$
(0.10
)

For the three months ended March 31, 2015, weighted-average shares outstanding used in our computation of diluted EPS includes the dilutive effect of common shares potentially issuable in connection with outstanding restricted stock unit awards.
For the three months ended March 31, 2014, all common shares potentially issuable in connection with outstanding restricted stock unit awards have been excluded from the calculation of diluted EPS as the company incurred a loss during the quarter, and therefore, inclusion of such potential common shares in the calculation would be anti-dilutive.