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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2019
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,

 

 

 

2019

 

 

2018

 

Basic Loss Per Share computation:

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(317

)

 

$

(858

)

Denominator:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

17,617

 

 

 

17,056

 

Net Loss per common share - basic

 

 

 

 

 

 

 

 

Net loss

 

$

(0.02

)

 

$

(0.05

)

Diluted Loss Per Share computation:

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

17,617

 

 

 

17,056

 

Restricted shares subject to vesting

 

*

 

 

*

 

Common stock option grants

 

*

 

 

*

 

Total shares

 

 

17,617

 

 

 

17,056

 

Loss per common share - diluted

 

 

 

 

 

 

 

 

Net loss

 

$

(0.02

)

 

$

(0.05

)

 

*

As denoted by “*” in the table above, the weighted average common stock option grants and restricted shares of 43,000 and 565,000 for the three months ended March 31, 2019 and 2018, respectively, were excluded from the calculations of diluted net loss per share since their effects are anti-dilutive.