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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2018
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,

 

 

 

2018

 

 

2017

 

Basic Income (Loss) Per Share computation:

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations

 

$

(858

)

 

$

184

 

Net loss from discontinued operations

 

$

0

 

 

$

(214

)

Net loss

 

$

(858

)

 

$

(30

)

Denominator:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

17,056

 

 

 

16,340

 

Net Income (Loss) per common share - basic

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations

 

$

(0.05

)

 

$

0.01

 

Net loss from discontinued operations

 

$

0.00

 

 

$

(0.01

)

Net loss

 

$

(0.05

)

 

$

(0.00

)

Diluted Loss Per Share computation:

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

17,056

 

 

 

16,340

 

Restricted shares subject to vesting

 

*

 

 

*

 

Common stock option grants

 

*

 

 

*

 

Total shares

 

 

17,056

 

 

 

16,340

 

Income Loss per common share - diluted

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations

 

$

(0.05

)

 

$

0.01

 

Net loss from discontinued operations

 

$

0.00

 

 

$

(0.01

)

Net loss

 

$

(0.05

)

 

$

(0.00

)

 

*

As denoted by “*” in the table above, the weighted average common stock option grants and restricted shares of 565,000 and  375,000 for the three months ended March 31, 2018 and 2017, respectively, were excluded from the calculations of diluted net loss per share since their effects are anti-dilutive.