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Earnings Per Common Share Computations
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Common Share Computations
NOTE 9 — EARNINGS PER COMMON SHARE COMPUTATIONS
The following is a reconciliation of the numerator and denominator of the earnings per common share computations (in thousands, except per share data):
 
Three Months Ended March 31,
 
2014
 
2013
Numerator for basic (loss) earnings from continuing operations per common share
 
 
 
(Loss) earnings from continuing operations
$
(700
)
 
$
1,089

Earnings from continuing operations allocated to participating securities
—

 
(24
)
Numerator for basic (loss) earnings from continuing operations per common share
$
(700
)
 
$
1,065

Numerator for basic (loss) earnings per common share
 
 
 
Net (loss) earnings
$
(700
)
 
$
1,058

Net earnings allocated to participating securities
—

 
(24
)
Numerator for basic net (loss) earnings per common share
$
(700
)
 
$
1,034

 
 
 
 
Numerator for diluted (loss) earnings from continuing operations per common share
$
(700
)
 
$
1,089

 
 
 
 
Numerator for diluted (loss) earnings per common share
$
(700
)
 
$
1,034

 
 
 
 
Denominator for net (loss) earnings per common share:
 
 
 
Basic
17,419

 
17,209

Plus dilutive effect of stock options
—

 
222

Plus dilutive effect of participating securities
—

 
397

Diluted
17,419

 
17,828

 
 
 
 
(Loss) earnings per common share:
 
 
 
Basic
 
 
 
Net (loss) earnings
$
(0.04
)
 
$
0.06

Diluted
 
 
 
Net (loss) earnings
$
(0.04
)
 
$
0.06


Options to purchase approximately 0.5 million shares related to stock options and participating securities for the three months ended March 31, 2014 were excluded from the computation of diluted loss per common share since their effect was antidilutive because of the net loss from continuing operations for the period.