Earnings Per Share

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

3. Earnings Per Share:

The following is a reconciliation of the numerators and denominators of the basic and diluted net loss from continuing and discontinued operations per share computations for the three months ended March 31, 2016 and 2015 (in thousands, except per share amounts):

	Three Months Ended
	March 31,
	2016			2015
Net loss (Numerator):
Net loss, basic and diluted	(953		)	(1,424		)
Shares (Denominator):
Weighted average common shares outstanding	4,417			4,395
Shares used in basic computation	4,417			4,395
Common shares issuable upon exercise of stock options (treasury stock method)	—			—
Shares used in diluted computation	4,417			4,395
Net loss per share:
Basic and diluted net loss per share	$	(0.22	)	$	(0.32	)

For the three months ended March 31, 2016 and 2015, the diluted net loss per share calculation is equivalent to the basic net loss per share calculation as there were no potentially dilutive stock options due to the Company’s net loss position. The number of stock options, performance shares, and contingently issuable shares excluded from this calculation for the three months ended March 31, 2016 and 2015 was 375,025 and 301,645, respectively.