(LOSS) EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2020

(LOSS) EARNINGS PER SHARE

(LOSS) EARNINGS PER SHARE

NOTE 9 – (LOSS) EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted (loss) earnings per share:

	Three Months Ended
	March 31,
	2020		2019
Numerator:	(in thousands, except per share amounts)
Net (loss) income	$	(2,551)	$	1,501
Denominator:
Denominator for basic earnings (loss) per share – weighted average shares		8,633		8,375
Effect of dilutive securities:
Employee restricted stock and incentive stock options		—		24
Denominator for diluted earnings (loss) per share – adjusted weighted average shares and assumed conversion		8,633		8,399
Basic (loss) earnings per share	$	(0.30)	$	0.18
Diluted (loss) earnings per share	$	(0.30)	$	0.18
Weighted average anti-dilutive employee restricted stock and incentive stock options		439		260