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Net Income Per Share
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
Basic net income per share is computed using the weighted-average number of common shares outstanding for the period. Diluted net income per share is computed by adjusting the weighted-average number of common shares outstanding for the effect of dilutive potential common shares outstanding during the period. Potential common shares included in the diluted calculation consist of incremental shares issuable upon the exercise of outstanding stock options calculated using the treasury stock method.
The following table sets forth the calculation of basic and diluted net income per share (in thousands, except per share amounts):
 
 
Three Months Ended
 
March 31,
 
2017
 
2016
Numerator:
 
 
 
Income from continuing operations

$
860

 
$
1,825

Income from discontinued operations, net of income taxes
1,884

 
224

Net income
$
2,744

 
$
2,049

Denominator:

 
 
 
Weighted average common shares—basic
13,288

 
14,425

Effect of dilutive securities: stock options
—

 
—

Weighted average common shares—diluted
13,288

 
14,425

Income per share—basic:
 
 
 
Continuing operations
$
0.07


$
0.13

Discontinued operations
0.14


0.01

Net income per share—basic
$
0.21


$
0.14

Income per share—diluted:
 
 
 
Continuing operations
$
0.07


$
0.13

Discontinued operations
0.14


0.01

Net income per share—diluted
$
0.21


$
0.14


Options to purchase 600,000 shares of common stock for each of the three months ended March 31, 2017 and March 31, 2016 were not included in the computation of diluted net income per share because the effect would have been anti-dilutive.