Net income (loss)

$

(4,327

)

$

4,637

$

8,352

$

4,540

Less: Income allocable to unvested restricted stock

—

Income (loss) attributable to common shareholders for diluted earnings (loss) per share

$

(4,327

)

$

4,637

$

8,352

$

4,540

Weighted average number of common share equivalents:

Common shares used in basic earnings (loss) per share

13,343,793

13,156,715

13,297,324

13,111,866

Common share equivalents outstanding related to RSUs

—

174,451

—

Total weighted average common shares and common share equivalents used in diluted earnings (loss) per share

13,343,793

13,156,715

13,471,775

13,111,866

Earnings (loss) per share:

Basic

$

(0.32

)

$

0.35

$

0.63

$

0.35

Diluted

$

(0.32

)

$

0.35

$

0.62

$

0.35