Quarterly report pursuant to Section 13 or 15(d)

Loss per Share

v3.10.0.1
Loss per Share
6 Months Ended
Jun. 30, 2018
Loss per Share

11. Loss per Share

The computation of basic and diluted net loss per share for the periods indicated is as follows:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2018      2017      2018      2017  

Numerator:

           

Net loss

   $ (2.2    $ (0.7    $ (4.4    $ (5.7
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted-average common shares (in thousands) – basic and diluted

     22,232        20,761        22,027        20,680  
  

 

 

    

 

 

    

 

 

    

 

 

 

Loss per share, basic and diluted

   $ (0.10    $ (0.03    $ (0.20    $ (0.27
  

 

 

    

 

 

    

 

 

    

 

 

 

Included in the computation of basic net loss per share for the three and six months ended June 30, 2017 were 26,669 potentially dilutive shares. Additionally, at June 30, 2017, we were contingently obligated to pay $0.2 million, which may be settled, at our option, in either cash or an equivalent amount of our 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 and six months ended June 30, 2017, as they were antidilutive.

 

At June 30, 2018 and 2017, 24,875 and 24,928 outstanding options, respectively, with an average exercise price of $44.45 for both periods, were not recognized in the diluted earnings per share calculation as they were antidilutive.