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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table is the computation of basic and diluted earnings per share:

 

     Three Months Ended
March 31,
 
     2014     2013  

Basic Earnings Per Share computation:

    

Numerator:

    

Net income (loss) from continuing operations

   ($ 146   $ 1,953   

Net loss from discontinued operations

   $ 0      ($ 88

Net income (loss)

   ($ 146   $ 1,865   

Denominator:

    

Common shares outstanding

     18,176        17,684   

Earnings per common share - basic

    

Net income (loss) from continuing operations

   ($ 0.01   $ 0.11   

Net loss from discontinued operations

   $ 0.00      ($ 0.00

Net income (loss)

   ($ 0.01   $ 0.11   

Diluted Earnings Per Share computation:

    

Denominator:

    

Common shares outstanding

     18,176        17,684   

Restricted shares subject to vesting

           148   

Common stock option grants

           79   
  

 

 

   

 

 

 

Total shares

     18,176        17,911   

Earnings per common share - diluted

    

Net income (loss) from continuing operations

   ($ 0.01   $ 0.11   

Net loss from discontinued operations

   $ 0.00      ($ 0.00

Net income (loss)

   ($ 0.01   $ 0.10   

 

* As denoted by “*” in the table above, the weighted average common stock option grants and restricted shares of 203,000 for the three months ended March 31, 2014 were excluded from the calculations of diluted net loss per share since their effects are anti-dilutive.