Net Loss Per Common Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Net Income Per Common Share

Basic earnings per common share exclude all common stock equivalents, primarily stock options and restricted stock awards, and is computed using the weighted average number of common shares outstanding during the period. The diluted earnings per common share calculation reflects the potential dilutive effect of securities that could share in earnings of the Company. Outstanding options are excluded from the diluted earnings per share calculation where they would have an anti-dilutive effect. Earnings per share are calculated as follows (in thousands, except earnings per share):

	Three Months Ended    March 31,
	2018			2017
Basic income (loss) per share
Net income (loss)	$	(422	)	$	857
Weighted average shares outstanding	5,114			5,009
Basic income (loss) per share	$	(0.08	)	$	0.17
Diluted income (loss) per share
Net income (loss)	$	(422	)	$	857
Weighted average shares outstanding	5,114			5,009
Dilutive effect of stock options and restricted stock	—			43
Total weighted average shares outstanding	5,114			5,052
Diluted income (loss) per share	$	(0.08	)	$	0.17

Basic income per share

Net income

Weighted average shares outstanding

Basic income per share

Diluted income per share

Net income

  Weighted average shares outstanding

    Dilutive effect of stock options and restricted stock

  Total weighted average shares outstanding

    Diluted income per share