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8.
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Income (Loss) Per Share
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Basic income (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. Net loss attributable to non-controlling interests are excluded from loss from continuing operations in the below calculation in accordance with ASC 260, “Earnings Per Share.”
The following is a reconciliation of basic income (loss) per share to diluted net income (loss) per share for the three and nine months ended September 30, 2014 and 2013:
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Three Months Ended
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Nine Months Ended
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|
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September 30,
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September 30,
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|
|
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(Unaudited)
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(Unaudited)
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|
(Amounts in Thousands, Except for Per Share Amounts)
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2014
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|
2013
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|
2014
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|
2013
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|
Income (loss) per share from continuing operations attributable to Perma-Fix Environmental Services, Inc. common stockholders
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Income (loss) from continuing operations
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|
$
|
2,344
|
|
|
$
|
(568
|
)
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|
$
|
(3,720
|
)
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|
$
|
(4,372
|
)
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|
Basic income (loss) per share
|
|
$
|
.20
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|
|
$
|
(.05
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)
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|
$
|
(.32
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)
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|
$
|
(.39
|
)
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|
Diluted income (loss) per share
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|
$
|
.20
|
|
|
$
|
(.05
|
)
|
|
$
|
(.32
|
)
|
|
$
|
(.39
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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Loss per share from discontinued operations attributable to Perma-Fix Environmental Services, Inc. common stockholders
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss from discontinued operations
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|
$
|
(462
|
)
|
|
$
|
(240
|
)
|
|
$
|
(1,897
|
)
|
|
$
|
(224
|
)
|
|
Basic loss per share
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|
$
|
(.04
|
)
|
|
$
|
(.02
|
)
|
|
$
|
(.17
|
)
|
|
$
|
(.02
|
)
|
|
Diluted loss per share
|
|
$
|
(.04
|
)
|
|
$
|
(.02
|
)
|
|
$
|
(.17
|
)
|
|
$
|
(.02
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(Loss) income per share from insurance settlement of discontinued operations, net of taxes attributable to Perma-Fix Environmental Services, Inc. common stockholders
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) gain on insurance settlement of discontinued operations, net of taxes
|
|
$
|
(11
|
)
|
|
$
|
―
|
|
|
$
|
3,530
|
|
|
$
|
―
|
|
|
Basic income per share
|
|
$
|
―
|
|
|
$
|
―
|
|
|
$
|
.31
|
|
|
$
|
―
|
|
|
Diluted income per share
|
|
$
|
―
|
|
|
$
|
―
|
|
|
$
|
.31
|
|
|
$
|
―
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average common shares outstanding – basic
|
|
|
11,449
|
|
|
|
11,353
|
|
|
|
11,434
|
|
|
|
11,292
|
|
|
Potential shares exercisable under stock option plans
|
|
|
8
|
|
|
―
|
|
|
―
|
|
|
―
|
|
|
Potential shares upon exercise of Warrants
|
|
|
33
|
|
|
―
|
|
|
―
|
|
|
―
|
|
|
Weighted average shares outstanding – diluted
|
|
|
11,490
|
|
|
|
11,353
|
|
|
|
11,434
|
|
|
|
11,292
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Potential shares excluded from above weighted average share calculations due to their anti-dilutive effect include:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Upon exercise of stock options
|
|
|
207
|
|
|
|
391
|
|
|
|
207
|
|
|
|
373
|
|
|
Upon exercise of Warrants
|
|
―
|
|
|
―
|
|
|
―
|
|
|
―
|
|
|