General form of registration statement for all companies including face-amount certificate companies

EARNINGS PER SHARE INFORMATION

v2.4.0.8
EARNINGS PER SHARE INFORMATION
 6 Months Ended 12 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Dec. 31, 2012
EARNINGS PER SHARE INFORMATION      
EARNINGS PER SHARE INFORMATION

NOTE 2 – EARNINGS (LOSS) PER SHARE INFORMATION

 

For The Three Months

For The Six Months

Ended June 30,

Ended June 30,

2014

2013

2014

2013

Net Income (Loss)

$

2,821,738

$

(890,393)

$

3,985,427

$

(1,855,673)

Basic Weighted-Average Shares Outstanding

23,907,651

14,350,284

23,745,406

14,290,060

Effect of dilutive securities:

Stock options

1,244,281

-

1,180,682

-

Diluted Weighted-Average Shares Outstanding

25,151,932

14,350,284

24,926,088

14,290,060

Basic Earnings (Loss) per Share

$

0.12

$

(0.06)

$

0.17

$

(0.13)

Diluted Earnings (Loss) per Share

$

0.11

$

(0.06)

$

0.16

$

(0.13)

 

Stock options to purchase 5,000 and 105,000 shares of common stock, respectively, were excluded from the computation of diluted earnings per share during the three and six months ended June 30, 2014, as their effect would have been anti-dilutive. Stock options to purchase 2,562,500 shares of common stock were excluded from the computation of diluted loss per share during both the three and six months ended June 30, 2013 as their effect would have been anti-dilutive.

    
EARNINGS (LOSS) PER SHARE INFORMATION  

NOTE 2 – EARNINGS PER SHARE INFORMATION

 

 

For the years ended December 31,

 

2013

 

2012

Net Loss

 

$

(452,209)

 

$

(1,669,283)

Basic and Diluted Weighted-Average Shares Outstanding

 

 

16,376,911

 

 

8,073,176

Basic and Diluted Loss per Share

 

$

(0.03)

 

$

(0.21)

 

Stock options to purchase 2,647,500 and 1,125,000 shares of common stock were excluded from the computation of diluted earnings (loss) per share during the year ended December 31, 2013 and 2012, respectively, as their effect would have been anti-dilutive.

 
EARNINGS PER SHARE INFORMATION.    

NOTE 2 – EARNINGS PER SHARE INFORMATION

 

 

 

 

 

Successor

 

 

Predecessor

 

 

 

 

For the

 

For the Eight

 

 

For the Four

 

 

 

 

Year ended

 

Months ended

 

 

Months ended

 

 

 

 

December 31,

 

December 31,

 

 

April 30,

 

 

 

 

2012

 

2011

 

 

2011

Net income

 

 

$

(1,669,283)

 

$

63,165

 

 

$

8,322

Basic and diluted weighted-average common shares outstanding

 

 

8,073,176

 

 

6,077,959

 

 

 

6,250,000

Basic and diluted earnings per share

 

$

(0.21)

 

$

0.01

 

 

$

0.00

 

Stock options to purchase 1,125,000 and 1,125,000 shares of common stock were excluded from the computation of diluted earnings (loss) per share during the year ended December 31, 2012 and 2011, respectively, as their effect would have been anti-dilutive.