Net Income (Loss) Per Share

12 Months Ended

Dec. 31, 2017

NET INCOME (LOSS) PER SHARE [Abstract]

NET INCOME (LOSS) PER SHARE

NOTE 8 – NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Net income per diluted share is computed by dividing net income by the weighted average number of common and common equivalent shares outstanding during the period. Common equivalent shares consist of common shares to be issued upon exercise of stock options, vesting of restricted stock units, vesting of restricted shares and from purchases of shares under our employee stock purchase plan, as calculated using the treasury stock method. All common equivalent shares were excluded from the calculation of net loss per diluted share in 2015 due to their anti-dilutive effect. The components of net income (loss) per basic and diluted share are as follows:

(In thousands except per share amounts)	Net Income			Weighted Average Shares Outstanding	Per Share Amount
Year Ended 12/31/2017:
Basic	$	1,312		6,946	$	0.19
Dilutive effect of common equivalent shares	—			129	—
Dilutive	$	1,312		7,075	$	0.19
(In thousands except per share amounts)	Net Income			Weighted Average Shares Outstanding	Per Share Amount
Year Ended 12/31/2016:
Basic	$	11,562		6,832	$	1.69
Dilutive effect of common equivalent shares	—			217	(0.05		)
Dilutive	$	11,562		7,049	$	1.64
(In thousands except per share amounts)	Net Loss			Weighted Average Shares Outstanding	Per Share Amount
Year Ended 12/31/2015:
Basic	$	(2,089	)	6,706	$	(0.31	)
Dilutive effect of common equivalent shares	—			—	—
Dilutive	$	(2,089	)	6,706	$	(0.31	)

Potentially dilutive shares excluded from the calculation of diluted net income (loss) per common share because their effect was anti-dilutive totaled 356,000 shares in 2017, 108,000 shares in 2016 and 587,000 shares in 2015.