EARNINGS (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

11.        EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share is computed based on the weighted average number of common shares outstanding. For the three months ended March 31, 2016 and 2015, common stock equivalents excluded from the calculation of weighted average shares because they were antidilutive are as follows:

	2016		2015
Stock options		2,343,022		2,616,790	(1)
Unvested shares of restricted common stock		66,667		336,925	(1)
Total		2,409,689		2,953,715

⁽¹⁾ Includes weighted average number of shares for options and shares of restricted stock issued during the period.