12.	LOSS PER SHARE

Basic loss per share is computed on the basis of the weighted average number of common shares outstanding. Diluted earnings per share is computed on the basis of the weighted average number of common shares outstanding plus the potentially dilutive effect of outstanding stock options using the “treasury stock” method.

Reconciliations between the numerator and the denominator of the basic and diluted loss per share computations for the

three

months ended

June 30, 2019

and

2018

are as follows:

	Three Months Ended June 3 0 , 201 9
	Net Loss			Shares		Per Share
	(Numerator)			(Denominator)		Amount
	(in thousands)
Basic and diluted loss per share	$	(133	)		5,919	$	(0.02	)

	Three Months Ended June 3 0 , 201 8
	Net Loss			Shares		Per Share
	(Numerator)			(Denominator)		Amount
	(in thousands)

Basic and diluted loss per share	$	(1,275	)		5,785	$	(0.22	)

Basic and diluted per share amounts are the same in periods of a net loss, because common share equivalents are anti-dilutive when a net loss is recorded. Diluted earnings per share does

not

include the impact of common stock options totaling

50,000

and

120,000

for the

three

months ended

June 30, 2019

and

2018,

respectively, as the effect of their inclusion would be anti-dilutive. Restricted stock units become dilutive within the period granted and remain dilutive until the units vest and are issued as common stock. Diluted earnings per share does

not

include the impact of restricted stock units totaling

14,646

and

1,206

for the

three

months ended

June 30, 2019

and

2018,

respectively, as the effect of their inclusion would be anti-dilutive.