Net Income (Loss) per Common Share

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Net Income per Common Share

Net Loss per Common Share

Basic net loss per share is calculated based on the weighted average number of common shares outstanding during the period. Diluted net loss per share incorporates the dilutive effect of common stock equivalent options, warrants and other convertible securities, if any, as determined with the treasury stock accounting method. For the three months ended March 31, 2017 and 2016, since there was a net loss, the Company excluded all outstanding stock options and non-vested restricted shares from its diluted loss per share calculation, as inclusion of these securities would have reduced the net loss per share.

A reconciliation of the basic and diluted weighted average common shares outstanding is as follows:

	Three Months Ended
	March 31,
	2017	2016
Weighted average common shares outstanding—basic	16,261	15,723
Dilutive common shares issuable in connection with stock plans	—	—
Weighted average common shares outstanding—diluted	16,261	15,723