Earnings (Loss) Per Share |
7. |
Earnings (Loss) Per Share |
Basic earnings (loss) per share excludes any dilutive effects of stock options, warrants, and convertible preferred stock. In periods where they are anti-dilutive, such amounts are excluded from the calculations of dilutive earnings per share.
The following is a reconciliation of basic net income (loss) per share to diluted net income (loss) per share for the three and nine months ended September 30, 2012 and 2011:
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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(Amounts in Thousands, Except for Per Share Amounts) |
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(Loss) income per share from continuing operations attributable to Perma-Fix Environmental Services, Inc. |
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(Loss) income from continuing operations |
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$ |
(364 |
) |
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$ |
4,421 |
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|
$ |
(2,508 |
) |
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$ |
6,440 |
|
Basic (loss) income per share |
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$ |
(.01 |
) |
|
$ |
.08 |
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|
$ |
(.04 |
) |
|
$ |
.12 |
|
Diluted (loss) income per share |
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$ |
(.01 |
) |
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$ |
.08 |
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|
$ |
(.04 |
) |
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$ |
.12 |
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Loss per share from discontinued operations attributable to Perma-Fix Environemental Services, Inc. |
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Loss from discontinued operations |
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$ |
(61 |
) |
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$ |
(187 |
) |
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$ |
(258 |
) |
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$ |
(7 |
) |
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$ |
- |
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$ |
- |
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$ |
(.01 |
) |
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$ |
- |
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$ |
- |
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$ |
- |
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$ |
(.01 |
) |
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$ |
- |
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Income per share from disposal of discontinued operations attributable to Perma-Fix Environemental Services, Inc. |
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Gain on disposal of discontinued operations |
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$ |
- |
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$ |
1,777 |
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$ |
- |
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$ |
1,777 |
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$ |
- |
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$ |
.03 |
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$ |
- |
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$ |
.03 |
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$ |
- |
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$ |
.03 |
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$ |
- |
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$ |
.03 |
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Weighted average common shares outstanding – basic |
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56,140 |
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55,174 |
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56,099 |
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|
55,137 |
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Potential shares exercisable under stock option plans |
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- |
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- |
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- |
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5 |
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Potential shares upon exercise of Warrants |
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- |
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- |
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- |
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- |
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Weighted average shares outstanding – diluted |
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56,140 |
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55,174 |
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56,099 |
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55,142 |
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Potential shares excluded from above weighted average share calculations due to their anti-dilutive effect include: |
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2,674 |
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2,842 |
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2,614 |
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2,602 |
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Upon exercise of Warrants |
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- |
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|
150 |
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- |
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150 |
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