Earnings per Share

3 Months Ended

Mar. 31, 2017

3. Earnings per Share

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

	Three Months Ended March 31,
	2017			2016
Basic Earnings Per Share computation:
Numerator:
Net loss	$	(30	)	$	(1,456	)
Denominator:
Common shares outstanding		16,340			16,324
Earnings per common share - basic
Net loss	$	(0.00	)	$	(0.09	)
Diluted Earnings Per Share computation:
Denominator:
Common shares outstanding		16,340			16,324
Restricted shares subject to vesting	*			*
Common stock option grants	*			*
Total shares		16,340			16,324
Earnings per common share - diluted
Net loss	$	(0.00	)	$	(0.09	)

As denoted by “*” in the table above, the weighted average common stock option grants and restricted shares of 375,000 and 140,000 for the three months ended March 31, 2017 and 2016, respectively, were excluded from the calculations of diluted net loss per share since their effects are anti-dilutive.