Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.3.1.900
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share from continuing operations
The following table sets forth the computation of basic and diluted earnings per share:
 
2015
 
2014
 
2013
Numerator:
 
 
 
 
 
Net (loss) income from continuing operations
$
(10,269,278
)
 
$
12,618,787

 
$
2,898,048

Net (loss) income from discontinued operations, net of tax
$
(1,251,058
)
 
$
(7,156,524
)
 
$
(1,137,484
)
Denominator:
 

 
 

 
 

Denominator for basic earnings per share - weighted average shares
8,710,361

 
8,702,094

 
6,941,794

Effect of dilutive securities:
 

 
 

 
 

Employee stock options and stock grants
—

 
13,008

 
5,610

Denominator for diluted earnings per share - weighted average shares
8,710,361

 
8,715,102

 
6,947,404

 
 
 
 
 
 
Net (loss) earnings per share from continuing operations:
 

 
 

 
 

Basic
$
(1.18
)
 
$
1.45

 
$
0.42

Diluted
$
(1.18
)
 
$
1.45

 
$
0.42

 
 
 
 
 
 
Net loss per share from discontinued operations:
 
 
 
 
 
Basic
$
(0.14
)
 
$
(0.82
)
 
$
(0.16
)
Diluted
$
(0.14
)
 
$
(0.82
)
 
$
(0.16
)