8. Income per Share

3 Months Ended

Mar. 31, 2017

Notes to Financial Statements

NOTE 8 - Income per Share

The following table sets forth the computation of basic and diluted income per share:

	Three Months Ended
	March 31, 2017			March 31, 2016
Numerator:
Net (loss) income (numerator for basic and diluted earnings per share)	$	(1,268	)	$	513
Denominator:
Denominator for basic earnings per share weighted average shares		14,038,949			13,730,562
Effect of dilutive securities:
Options		-			67,629
Denominator:
Denominator for diluted earnings per share weighted average shares		14,038,949			13,798,191
Basic (loss) earnings per share	$	(0.09	)	$	0.04
Diluted (loss) earnings per share	$	(0.09	)	$	0.04

Approximately 106,000 stock options granted for the three months ended March 31, 2017 were excluded from the calculation because they were anti-dilutive.