Net (loss) income per share

Earnings (loss) per share are calculated in accordance with ASC Topic 260, which specifies the computation, presentation and disclosure requirements for earnings per share (EPS). It requires the presentation of basic and diluted EPS. Basic EPS excludes all dilution and is based upon the weighted average number of shares of common stock outstanding during the period. Diluted EPS reflects the potential dilution that would occur if convertible securities or other contracts to issue common stock were exercised. For the six months ended June 30, 2018 and June 30, 2017, there were no anti-dilutive stock options outstanding.

The following is a reconciliation of the weighted average of shares of common stock outstanding for the basic and diluted EPS computations (in thousands, except per share data):



	Three Months Ended June 30,
	2018			2017
Net (loss) income from continuing operations	$	(1,323	)	$	1,977

Basic:
Shares outstanding at beginning of period	16,286			15,811
Weighted average shares (repurchased)/issued during the period, net	44			108
Weighted average common shares, basic	16,330			15,919
Net (loss) income from continuing operations per common share, basic	$	(0.08	)	$	0.12
Diluted:
Weighted average common shares, basic	16,330			15,919
Dilutive impact of stock options and restricted stock awards	—			260
Weighted average common shares, diluted	16,330			16,179
Net (loss) income from continuing operations per common share, diluted	$	(0.08	)	$	0.12



	Six Months Ended June 30,
	2018			2017
Net (loss) income from continuing operations	$	(1,255	)	$	3,241

Basic:
Shares outstanding at beginning of period	15,969			15,771
Weighted average shares (repurchased)/issued during the period, net	24			122
Weighted average common shares, basic	15,993			15,893
Net (loss) income from continuing operations per common share, basic	$	(0.08	)	$	0.20
Diluted:
Weighted average common shares, basic	15,993			15,893
Dilutive impact of stock options and restricted stock awards	—			253
Weighted average common shares, diluted	15,993			16,146
Net (loss) income from continuing operations per common share, diluted	$	(0.08	)	$	0.20