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Earnings (Loss) Per Common Share
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share
Earnings (Loss) Per Common Share
The following tables set forth the computations of basic and diluted earnings (loss) per common share for the three and six months ended June 30, 2017 and 2016 (in thousands, except per share data):
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Basic earnings (loss) per common share:
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
 
Net loss from continuing operations
 
$
(325
)
 
$
(33
)
 
$
(2,173
)
 
$
(98
)
Net loss from discontinued operations
 
$
(349
)
 
$
(559
)
 
$
(685
)
 
$
(1,046
)
Denominator:
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
22,227

 
21,969

 
22,087

 
22,202

Basic loss per common share from continuing operations
 
$
(0.01
)
 
$

 
$
(0.10
)
 
$

Basic loss per common share from discontinued operations
 
$
(0.02
)
 
$
(0.03
)
 
$
(0.03
)
 
$
(0.05
)
Total basic loss per common share
 
$
(0.03
)
 
$
(0.03
)
 
$
(0.13
)
 
$
(0.05
)


For all periods presented, basic and diluted net loss per share is the same, as any additional common stock equivalents would be anti-dilutive. For the three and six months ended June 30, 2017 and 2016, weighted-average common shares outstanding excludes from the computation of diluted earnings (loss) per common share anti-dilutive shares underlying options that totaled 3.3 million and 3.4 million shares, respectively. In addition, we excluded 1.9 million and 2.7 million of restricted stock units from the calculation of weighted-average diluted common shares outstanding for the three and six months ended June 30, 2017 and 2016, respectively, which would have been anti-dilutive due to the net loss in those periods.
We repurchased no shares of our common stock under our stock repurchase program during the three and six months ended June 30, 2017. During the three and six months ended June 30, 2016, we repurchased 0.2 million and 0.9 million shares of our common stock for $1.0 million and $3.6 million, respectively, under our stock repurchase program.
Pursuant to exercises of outstanding stock options, we issued 82,993 shares of our common stock having a value of approximately $0.4 million in the three months ended June 30, 2017 and 167,460 shares of our common stock having a value of approximately $0.8 million in the six months ended June 30, 2017. In connection with stock option exercises, we issued no shares of our common stock in the three months ended June 30, 2016 and 46,896 shares of our common stock having a value of approximately $0.1 million in the six months ended June 30, 2016.