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Earnings Per Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
3. Earnings Per Share:
The following is a reconciliation of the numerators and denominators of the basic and diluted net loss per share computations for the three and nine months ended September 30, 2016 and 2015 (in thousands, except per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2016
 
2015
 
2016
 
2015
Net loss (Numerator):
 
 
 
 
 
 
 
Net loss, basic and diluted
$
(1,302
)
 
$
(1,047
)
 
$
(2,826
)
 
$
(7,634
)
Shares (Denominator):
 
 
 
 
 
 
 
Weighted average common shares outstanding
4,431

 
4,413

 
4,423

 
4,407

Shares used in basic computation
4,431

 
4,413

 
4,423

 
4,407

Common shares issuable upon exercise of stock options (treasury stock method)

 

 

 

Shares used in diluted computation
4,431

 
4,413

 
4,423

 
4,407

Net loss per share:
 
 
 
 
 
 
 
Basic and diluted net loss per share
$
(0.29
)
 
$
(0.24
)
 
$
(0.64
)
 
$
(1.73
)


The computation of diluted net loss per share does not include stock options, performance shares, and contingently issuable shares of 809,518 and 369,826 for the three and nine months ended September 30, 2016 and 2015, respectively, because the effect of their inclusion would be anti-dilutive based on their respective exercise prices.