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Computation of Per Share Amounts
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Computation of Per Share Amounts
Computation of Per Share Amounts

Basic earnings per common share is computed using the weighted-average number of common shares outstanding during the period. Diluted earnings per common share is computed using the weighted-average number of common and dilutive common equivalent shares outstanding during the period. Common equivalent shares are anti-dilutive when their conversion would reduce the loss per share. For the three and nine months ended September 30, 2014 and September 30, 2013, the Company excluded all stock options and restricted stock units from the calculation of diluted net loss per common share because all such securities were anti-dilutive.

Employee stock options and unvested restricted stock units granted by the Company are treated as potential common shares outstanding in computing diluted earnings per share. Diluted shares outstanding include the dilutive effect of in-the-money options, calculated based on the average share price for each period using the treasury stock method. Under the treasury stock method, the amount the employee must pay for exercising stock options, the amount of compensation cost for future service that the Company has not yet recognized, and the amount of tax benefits that would be recorded in additional paid-in capital when the award becomes deductible are assumed to be used to repurchase shares.
    
The following table presents the calculation of basic and diluted earnings per share (in thousands, except per share data):
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
Net loss from continuing operations
$
(2,846
)
 
$
(1,435
)
 
$
(9,240
)
 
$
(5,233
)
Loss from discontinued operations, net of tax

 
(1
)
 

 
(70
)
Net loss
$
(2,846
)
 
$
(1,436
)
 
$
(9,240
)
 
$
(5,303
)
 
 
 
 
 
 
 
 
Weighted average shares - basic and diluted
6,716

 
6,618

 
6,690

 
6,614

 
 
 
 
 
 
 
 
Loss per share from continuing operations:
 
 
 
 
 
 
 
Basic and diluted
$
(0.42
)
 
$
(0.22
)
 
$
(1.38
)
 
$
(0.79
)
 
 
 
 
 
 
 
 
Loss per share from discontinued operations:
 
 
 
 
 
 
 
Basic and diluted
$

 
$

 
$

 
$
(0.01
)
 
 
 
 
 
 
 
 
Net loss per share:
 
 
 
 
 
 
 
Basic and diluted
$
(0.42
)
 
$
(0.22
)
 
$
(1.38
)
 
$
(0.80
)

The following potential common shares have been excluded from the calculation of diluted earnings per share for all periods presented because they are anti-dilutive (in thousands):
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Anti-dilutive securities:
 
 
 
 
 
 
 
Employee stock options
175

 
86

 
127

 
100

Unvested restricted stock units
82

 
29

 
25

 
50

Total
257

 
115

 
152

 
150