Net Income (Loss) Per Common Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Net Income (Loss) Per Common Share

Note 10 — Net Income (Loss) Per Common Share

Basic net income (loss) per common share is computed by dividing net income (loss) by the basic weighted average number of common shares outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the diluted weighted average number of common shares and common equivalent shares outstanding during the period. The weighted average number of common equivalent shares outstanding has been determined in accordance with the treasury-stock method. Common equivalent shares consist of common stock issuable on the exercise of outstanding stock options and the vesting of restricted stock units.

Basic and diluted weighted average common shares are as follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Basic weighted average common shares outstanding		18,546		18,088		18,448		18,030
Weighted average common equivalent shares		—		345		—		323
Diluted weighted average common shares outstanding		18,546		18,433		18,448		18,353
Options and restricted stock units excluded from diluted    weighted average share calculation as effect would have    been anti-dilutive		1,090		1		1,086		10