—Earnings Per Share

Basic earnings per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of shares of Common Stock outstanding during the period. In addition, the shares of Common Stock issuable pursuant to restricted stock awards, restricted stock units and stock options outstanding under the 2016 Plan are included in the diluted earnings per share calculation to the extent they are dilutive. For the three months ended January 31, 2018 and 2017, approximately 259 and 27 stock awards, respectively, were excluded from the computation of diluted earnings per share because they were anti-dilutive. The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computation for net income (loss) per share:



	Three Months Ended January 31,
	2018		2017
Net income (loss) available to common stockholders	$	4,858	$	(2,018	)
Basic weighted average shares	23,107		17,720
Effect of dilutive securities:
Restricted share units and stock options (1)	180		—
Diluted weighted average shares	23,287		17,720
Basic income (loss) per share	$	0.21	$	(0.11	)
Diluted income (loss) per share	$	0.21	$	(0.11	)

(1) Due to a loss for the three months ended January 31, 2017, no restricted share awards and units are included because the effect would be anti-dilutive.