Quarterly report pursuant to Section 13 or 15(d)

BASIC AND DILUTED EARNINGS PER SHARE (Tables)

v3.8.0.1
BASIC AND DILUTED EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
 
 
Three months ended September 30, 2016
 
Nine Months Ended September 30, 2016
 
 
Income
(Numerator)
 
Weighted Average Shares (Denominator)
 
Per-Share
Amount
 
Income
(Numerator)
 
Weighted Average Shares (Denominator)
 
Per-Share
Amount
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
74,452

 
53,215,385

 
$

 
(1,295,460
)
 
53,274,855

 
$
(0.02
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of Dilutive Securities
 
 

 
 

 
 

 
 

 
 

 
 

Stock options & RSUs
 

 
876,034

 
 

 

 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
 
 

 
 

 
 

 
 

 
 

 
 
Net income available to common stockholders + assumed conversions
 
74,452

 
54,091,419

 
$

 
(1,295,460
)
 
53,274,855

 
$
(0.02
)
The following table is a reconciliation of the numerator and denominators used in the earnings per share calculation:

 
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2017
 
 
Income
(Numerator)
 
Weighted Average Shares (Denominator)
 
Per-Share
Amount
 
Income
(Numerator)
 
Weighted Average Shares (Denominator)
 
Per-Share
Amount
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
1,217,918

 
48,552,770

 
$
0.03

 
3,130,676

 
49,613,704

 
$
0.06

 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of Dilutive Securities
 
 

 
 

 
 

 
 

 
 

 
 

Stock options & RSUs
 

 
817,065

 
 

 

 
732,629

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
 
 

 
 

 
 

 
 

 
 

 
 

Net income available to common stockholders + assumed conversions
 
1,217,918

 
49,369,835

 
$
0.02

 
3,130,676

 
50,346,333

 
$
0.06