XML 69 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings (Loss) Per Common Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings (Loss) Per Common Share [Abstract]  
Computation of Earnings Per Share



 

 

 

 

 



December 31, 2017

 

December 31, 2016

Basic

 

 

 

 

 

Net income

$

1,346 

 

$

1,627 

Dividends on Series B  preferred stock and accretion of discount

 

(666)

 

 

(857)

Net income allocated to common stockholders

$

680 

 

$

770 



 

 

 

 

 

Weighted average common shares outstanding including unvested share-based payment awards

 

17,928,141 

 

 

16,020,847 

Less: Unvested share-based payment awards

 

 -

 

 

 -

Average shares

 

17,928,141 

 

 

16,020,847 

Basic earnings per common share

$

0.04 

 

$

0.05 



 

 

 

 

 

Diluted

 

 

 

 

 

Net earnings allocated to common stockholders

$

680 

 

$

770 

Add back: Preferred Dividends on Series B stock and accretion of discount

 

 -

 

 

 -

Net earnings allocated to common stockholders

$

680 

 

$

770 



 

 

 

 

 

Weighted average common shares outstanding for basic earnings per common share

 

17,928,141 

 

 

16,020,847 

Add: Dilutive effects of assumed exercises of stock options

 

216,486 

 

 

38,184 

Add: Dilutive effects of assumed exercises of stock warrants

 

1,141,725 

 

 

 -

Average shares and dilutive potential common shares

 

19,286,352 

 

 

16,059,031 

Diluted earnings per common share

$

0.04 

 

$

0.05 



Summary of Anti-Dilutive Options or Warrants



 

 

 

 

 



 

2017

 

 

2016

Stock options

 

5,399 

 

 

282,971 

Series B preferred stock

 

 -

 

 

6,857,143 

Stock warrants

 

 -

 

 

1,152,125