Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

v3.19.3
Earnings per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
During the three month period ended September 30, 2019, we generated net income from continuing operations. Accordingly, some of our outstanding restricted stock awards have a dilutive impact, illustrated in the following table. We generated basic and diluted earnings per share from net income of $0.02 for the three month period ending September 30, 2019.

For the three months ended
September 30, 2019
Weighted Average Shares Outstanding for basic EPS 46,218,413
Effect of dilutive securities:
Options
Restricted Stock Units 4,801,218
Weighted Average Shares Outstanding for diluted EPS 51,019,631
In addition, all of the of outstanding options are potentially dilutive with a weighted average exercise price of $1.74 for the three months ended September 30, 2019. We have 415,528 outstanding restricted stock units with a weighted average exercise price of $.33 that are potentially dilutive.
During the nine month period ended September 30, 2019 and the three and nine month periods ending September 30, 2018, we generated a net loss from continuing operations and as a result, all of our shares are anti-dilutive.