XML 43 R15.htm IDEA: XBRL DOCUMENT v3.20.1
(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