NET INCOME (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER SHARE

Basic earnings per common share exclude all common stock equivalents, primarily 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. As of March 31, 2019, there are no outstanding stock options. For periods prior to March 31, 2019 outstanding options were excluded from the diluted earnings per share calculation when they would have an anti-dilutive effect. Earnings per share are calculated as follows:

	Three Months Ended March 31,
	2019		2018
Basic income (loss) per share
Net income (loss)	$	331	$	(422	)
Weighted average shares outstanding		5,134		5,114
Basic income (loss) per share	$	0.06	$	(0.08	)
Diluted income (loss) per share
Net income (loss)	$	331	$	(422	)
Weighted average shares outstanding		5,134		5,114
Dilutive effect of stock options and restricted stock		8		—
Total weighted average shares outstanding		5,142		5,114
Diluted income (loss) per share	$	0.06	$	(0.08	)