EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2018

Income Per Share

EARNINGS PER SHARE

NOTE 3 EARNINGS PER SHARE:

Basic earnings per share computations are based on the weighted average number of shares outstanding during each period. Dilutive earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. There were no potential common shares at March 31, 2018. For the three-months ended March 31, 2017, potential common shares consisted of 880,978 outstanding common stock warrants; however, the warrants were anti-dilutive and were not included in the calculation. Basic and diluted net income per common share calculations follows:

(Amounts in Thousands, Except Share and Per Share Data)	For the three months ended March 31,
	2018		2017
Net income	$	80	$	115
Weighted average shares outstanding		23,922,086		23,354,890
Dilutive shares for stock warrants		—		—
Weighted average dilutive shares outstanding		23,922,086		23,354,890
Basic income per share	$	0.00	$	0.00
Diluted income per share	$	0.00	$	0.00