Note 12 - Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

1

2

–

EARNINGS (LOSS) PER SHARE

The following table is a calculation of the net earnings (loss) per basic and diluted share for the years ended

December 31, 2018

and

2017:

(In thousands, except per share amounts)	2018		2017
Numerator
Net income (loss)	$	25,074	$	(15,417	)
Denominator
Weighted average shares used to compute basic EPS		40,039		37,578
Dilutive effect of share-based awards (a)		224		-
Weighted average shares used to compute diluted EPS		40,263		37,578
Earnings (loss) per share
Basic	$	0.63	$	(0.41	)
Diluted	$	0.62	$	(0.41	)

(a) The

2017

period excludes the shares issuable under outstanding option awards as their effect would have been antidilutive.

(b) For the

2016

comparable period, the calculation is

not

applicable as the Company was

not

a public company until

February 8, 2017.