Loss per Share
|3 Months Ended|
Mar. 31, 2017
|Loss per Share||
The computation of basic and diluted net loss per share for the periods indicated is as follows:
Included in the computation of basic net loss per share for the three months ended March 31, 2017 and 2016 were 40,002 and 279,634 potentially dilutive shares, respectively.
Additionally, at March 31, 2017 and 2016, we were contingently obligated to pay $0.5 million and $6.4 million, which may be settled, at our option, in either cash or an equivalent amount of common shares based upon their then-current market value, if certain performance criteria had been met. The equivalent amount of common shares have been excluded from the computation of diluted net loss per share for the three months ended March 31, 2017 and 2016, as they were antidilutive.
At March 31, 2017 and 2016, 27,828 and 30,983 outstanding options, respectively, with an average exercise price of $44.76 and $43.90, respectively, were not recognized in the diluted earnings per share calculation as they were antidilutive.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef