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(LOSS) EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS (LOSS) PER SHARE
 
Basic earnings (loss) per share is computed using the weighted average number of shares of common stock outstanding during the period. For diluted earnings (loss) per share, the weighted average number of shares includes common stock equivalents related to stock options and restricted stock. The following table presents the basis of the earnings (loss) per share computation (in thousands):
 
 
Year Ended December 31,
 
2015
 
2014
 
2013
Numerator for basic and diluted earnings (loss) per share:
 
 
 
 
 
Income (loss) from continuing operations
$
2,610

 
$
(2,358
)
 
$
4,395

Gain from disposal of discontinued operation, net of tax
—

 
218

 
4,890

Income from discontinued operations, net of tax
—

 
—

 
642

Net Income (loss) applicable to common shareholders
$
2,610

 
$
(2,140
)
 
$
9,927

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Denominator for basic earnings (loss) per share — weighted
   average shares
12,776

 
12,661

 
11,801

Assumed exercise of stock options
21

 
—

 
28

Assumed satisfaction of restricted stock conditions
75

 
—

 
62

Denominator for diluted earnings (loss) per share — adjusted
   weighted average shares
12,872

 
12,661

 
11,891


 
For the years ended December 31, 2015, 2014 and 2013, there were 15,995 shares, 39,752 shares, and 52,125 shares, respectively, of certain stock-based compensation awards excluded from the calculation of diluted earnings per share, as they were anti-dilutive.