Mattersight Corporation Just Filed Its Annual Report: The following table...


The following table sets forth the computation of the (loss) income and shares used in the calculation of basic and diluted (loss) income per share:

 

     For the Fiscal Years Ended  
     2013     2012     2011  

Loss from continuing operations

   $ (11.2   $ (15.5   $ (10.6

Series B Stock fair value over stated value

     —          —          (6.5

Dividends related to Series B Stock (1)

     (0.6     (0.6     (1.2
  

 

 

   

 

 

   

 

 

 

Loss from continuing operations available to Common Stock holders

     (11.8     (16.1     (18.3

Income from discontinued operations

            0.2        28.9   
  

 

 

   

 

 

   

 

 

 

Net (loss) income available to Common Stock holders

   $ (11.8   $ (15.9   $ 10.6   
  

 

 

   

 

 

   

 

 

 
     For the Fiscal Years Ended  
     2013     2012     2011  

Per share of Common Stock

      

Basic/diluted loss from continuing operations, as restated

   $ (0.70   $ (1.01   $ (1.29 )(3) 
  

 

 

   

 

 

   

 

 

 

Basic/diluted income from discontinued operations

   $ —        $ 0.02      $ 2.03   
  

 

 

   

 

 

   

 

 

 

Basic/diluted net (loss) income available to Common Stock holders

   $ (0.70   $ (0.99   $ 0.74   
  

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding (basic and diluted) (in millions)

     16.72        16.00        14.23   
  

 

 

   

 

 

   

 

 

 

Currently anti-dilutive common stock equivalents(2) (in millions)

     1.70        1.97        3.25   
  

 

 

   

 

 

   

 

 

 

 

(1)

The Board of Directors did not declare a dividend payment on the Series B Stock, which was accrued, for the dividend periods July 1, 2012 through December 31, 2012, January 1, 2013 through June 30, 2013, and July 1, 2013 through December 31, 2013 (the aggregate amount of these dividends was approximately $0.9 million). The Board of Directors declared a cash dividend of $0.1785 per share on the Series B Stock for the dividend period January 1, 2012 through June 30, 2012. The dividend payment of $0.3 million was paid on July 2, 2012. The dividend payment of $0.3 million for the dividend period July 1, 2011 through December 31, 2011 was paid on January 3, 2012. The dividend payment of $1.9 million paid on July 1, 2011 was for the dividend periods January 1, 2011 through June 30, 2011, July 1, 2010 through December 31, 2010, and July 1, 2008 through December 31, 2008.

(2)

In periods in which there was a loss, the effect of Common Stock equivalents, which is primarily related to the Series B Stock, was not included in the diluted loss per share calculation as it was antidilutive.

(3)

The effects of the correction of the error reported in Note Twenty-Three “Restatement —Basic and Diluted Loss Per Share from Continuing Operations” of the “Notes to Consolidated Financial Statements” included in Part II Item 8 of this Form 10-K are reflected in all periods presented.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

VP of Mattersight Corporation just disposed of 1,750 shares - Aug. 18, 2014
Mattersight: Termination Of A Material Definitive Agreement - Aug. 14, 2014

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